So far so good. The SPX has been declining from its F3 (1436) to a F4 near 1400 !
However I not be suprised if we go lower before another rally.
1372 is quite possible ......... will update this Non-Linear Drop ...
As of today everything is still short term bearish Until F4 is reached
Enjoy
Hank
Fractal Update
Started by
Frac_Man
, Jan 05 2007 11:12 AM
2 replies to this topic
#1
Frac_Man
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Hank Wernicki M.A.
#2
dcengr
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Member
Posted 05 January 2007 - 11:25 AM
My 36 and 46 comparisons say at least a multiweek slide... possibly 2 weeks? So that would take us somewhere around end of month. Just in time for Fed to pump it up.
Then a final top around march.
Qui custodiet ipsos custodes?
#3
Frac_Man
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Hank Wernicki M.A.
Posted 05 January 2007 - 11:27 AM
I agree, right on track ..................
My 36 and 46 comparisons say at least a multiweek slide... possibly 2 weeks? So that would take us somewhere around end of month. Just in time for Fed to pump it up.
Then a final top around march.
