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SPX short term


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#1 CRUISENAL

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Posted 17 August 2016 - 09:52 AM

Have not been on much, but I think we could see a pullback to 2070 area, a 61.8% retrace of the recent rally off the June low. Just another opportunity to get Long! 



#2 tsharp

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Posted 17 August 2016 - 10:05 AM

I just posted an update on the SwingWaves board, and while your suggestion is possible, this is how I see things at the moment...

 

Link to SPX 60-min chart:  https://postimg.org/image/sukxrwz15/

 

SPX_60_8_17_16.jpg



#3 Geomean

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Posted 17 August 2016 - 11:11 AM

My ESU16 chart just printed a TDSEQ buy signal 13 in an area of a number of fib sacred ratios (.5), 1.128, & 1.618 from recent inflection points. We could dip a little lower before a turn, but this is a probable area for completion of a minute wave 4


Edited by Geomean, 17 August 2016 - 11:15 AM.

Opportunity knocks on your door every day-answer it.

#4 Geomean

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Posted 17 August 2016 - 11:26 AM

That's the hourly chart of ESU16 with the TDSEQ buy signal.


Opportunity knocks on your door every day-answer it.