7 replies to this topic

[LarryT]

Short term looking for a wave "3" top with solid resistance from 2651 to 2663 saw a big gap up open into the 2663 +/- 3 points resistance and tanked so be alert for a wave "4" correction into late January-early February then wave five toward the 2800 target resistance levels.

 

LT...d:^)

[salam]

Ty for the update LT

Do you have a target zone for this wave 4 correction?

I was thinking 2450 area...then rally to 2800

Tia

[LarryT]

Ty for the update LT

Do you have a target zone for this wave 4 correction?

I was thinking 2450 area...then rally to 2800

Tia

 

If wave four is in progress as expected then 2613 to 2582 is the normal retrace target window.

 

LT

[salam]

Ah well

 

Id better make most of the move then!

[LarryT]

Ah well

 

Id better make most of the move then!

 

Off the 1810 low I am still focused on where and when this wave completes  so for now 2465 is the major indication level and 2783 to 2868 is the wave five window so we see how it evolves this month for clues. BTW, you can get my projections for daily, weekly monthly at my Twitter site, linked below. I will continue until this wave completes if I live long enough,,,,d:^)

Edited by LarryT, 05 December 2017 - 09:16 AM.

[Swiss Trader]

I think the low made on friday (2605.52) will produce a reaction to the upside to the next resistance area 2690/2720 and then down till mid February/early March to 2440/2390

[redfoliage2]

I think the low made on friday (2605.52) will produce a reaction to the upside to the next resistance area 2690/2720 and then down till mid February/early March to 2440/2390

I see It won't take long for us to see Friday's low to be re-tested.

Edited by redfoliage2, 05 December 2017 - 10:34 AM.

[LarryT]

My trend model shows 11-06 topped the up trend momentum and we are overdue for a 3% correction so we shall see.