It looks like the markets want to take off again. Support for the SPX is 1425.
I would want to buy on any type of decline into that target.
The bottom fractal is well defined and clear.
The same bottom fractal appears for the OEX.
Enjoy the weekend ...
Hank
I just map the markets and go in the direction it tells me.
A Bottom Fractal Appears for the Markets
Started by
Frac_Man
, Jan 19 2007 05:20 PM
2 replies to this topic
#1
Frac_Man
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- Traders-Talk User
- 1,458 posts
Hank Wernicki M.A.
#2
slatedrake
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- Traders-Talk User
- 269 posts
Member
Posted 19 January 2007 - 05:58 PM
It looks like the markets want to take off again. Support for the SPX is 1425.
I would want to buy on any type of decline into that target.
The bottom fractal is well defined and clear.
The same bottom fractal appears for the OEX.
Enjoy the weekend ...
Hank
I just map the markets and go in the direction it tells me.
Thanks Hank...
Are you still looking for a fractal decline in the Dow per your post from the 16th?
Or is that pretty much kaput at this point...
Edited by slatedrake, 19 January 2007 - 06:00 PM.
Before you start trading get your brain around risk control. Know how much leverage you're using and know when to go to cash if you're wrong.
#3
Frac_Man
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- Traders-Talk User
- 1,458 posts
Hank Wernicki M.A.
Posted 22 January 2007 - 02:45 PM
we hit a bottom today ....................... last chance to dance
enjoy
Hank
enjoy
Hank
It looks like the markets want to take off again. Support for the SPX is 1425.
I would want to buy on any type of decline into that target.
The bottom fractal is well defined and clear.
The same bottom fractal appears for the OEX.
Enjoy the weekend ...
Hank
I just map the markets and go in the direction it tells me.
Thanks Hank...
Are you still looking for a fractal decline in the Dow per your post from the 16th?
Or is that pretty much kaput at this point...
