Edited by Frac_Man, 01 January 2007 - 08:10 PM.
Fractal Update for the week of 1/03/07
#1
Posted 01 January 2007 - 08:08 PM
#2
Posted 02 January 2007 - 04:15 AM
If you review the prevous posted chart for the SPX the top did appear at F5 ( 1426 ).
We should continue down into the 1400 ( F6 ) area for another bottom and potential rally for new highs.
Intermediate term the S&P should rally to about 1480 + in the first quarter.
The bears will have to wait till maybe spring ............
IF the decline develops into a sharp spike down, that would be the confirmation for F6.
Always expected the unexpected, and hence map the market and don't fit the market to a map !
enjoy
Hank
The unexpected is that we drop
#3
Posted 02 January 2007 - 07:26 AM
The future is 90% present and 10% vision.
#4
Posted 02 January 2007 - 07:38 AM
hank, it doesnt look likely. the markets are taking off in a big way. look at europe!
...Maybe tomorrow
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#5
Posted 02 January 2007 - 12:33 PM
have to give this stuff some time
hank, it doesnt look likely. the markets are taking off in a big way. look at europe!