the december chart projection on SPX
RUT projection posted back on 11/20/06 still on track, will look to refine it a bit over next few days...
Edited by airedale88, 22 February 2007 - 06:38 AM.
cycles
Started by
airedale88
, Feb 22 2007 06:36 AM
7 replies to this topic
#1
airedale88
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Posted 22 February 2007 - 06:36 AM
mid channel pause zone for both the nominal 2.5 wk and 5 wk cycles generates a projection to approx 1479 +/- 5 pts. this projection puts SPX into the lower price window for the nominal 40 wk price projection i last posted in december.
the december chart projection on SPX
RUT projection posted back on 11/20/06 still on track, will look to refine it a bit over next few days...
the december chart projection on SPX
RUT projection posted back on 11/20/06 still on track, will look to refine it a bit over next few days...
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#2
airedale88
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Posted 22 February 2007 - 06:51 AM
NASD Comp 40 wk price projection also posted in november. currently about 57 points below the lower end of the price window. i think that's an easy layup. will also try to update soon.
Edited by airedale88, 22 February 2007 - 06:51 AM.
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#3
eminimee
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I don't care who's fur is flying...
Posted 22 February 2007 - 07:43 AM
Airedale...what's the price projection on OEX?...I seem to remember 678 plus/minus?
Thanks
#4
Echo
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Posted 22 February 2007 - 09:16 AM
Airedale...what's the price projection on OEX?...I seem to remember 678 plus/minus?
Thanks
That was 714 +/- 16 pts posted late Jan...
Echo
#5
eminimee
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I don't care who's fur is flying...
Posted 22 February 2007 - 09:23 AM
#6
Echo
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Posted 22 February 2007 - 09:45 AM
gotcha. the one I was referring to was the 40wk projection similar to his spx, nasdaq, rut ones.
#7
airedale88
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Posted 22 February 2007 - 03:00 PM
so far today has provided squat as far as useful cyclic info is concerned. it does nothing to either support or deny the projections posted above. the only interesting thing i note (non cyclic) is that only INDU has dropped back down toward it's 21 day sma support area on the INDU envelope chart i watch while other averages, RUT, NYSE, NASD Comp, V Line, etc are all holding well above their respective 21 day sma's. IMO thats a bullish tendency.
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#8
Echo
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Posted 23 February 2007 - 02:54 PM
Don't like the up action since the 6-7 day low. Think we chop down to 1442-1444 cash for the 2.5 week low.
Indu has usually breached its 21 sma by a bit for a couple of days on the last three 2.5k cycle lows and right now we are sitting on it.
Echo
