4 replies to this topic

[iloli way]

Since my first "XLF Breakout" posted 7/19/09 here Visit My Website warning bears should not short anymore, the run-up has been well known. My last "Inside Tracks" chart posted here Visit My Website and views are getting clearer.

1.) A fractal patterns ( marked in two square boxes ) may hint a pull back to RED circle area.

2.) Upward force's continuation will bring in the first GREEN circle in play. I marked it with L. BLUE 'cross mark' indicates: 9/11th at 1111.99 (price numbers composed by two sets of 9 and 11). Spooky but this cross point was in my last chart too, predetermined, the only meaningful resistance in the way of breaking the TOP DOWN TREND LINE. Noticed two previous HIGH VOLUME weekly candles their low/high prices engulf this 1111.99 right in the middle; begging to be re-tested. If this turn out an IT top, same RED circle area should be back-tested for a stronger bullish outcome, unless...bears got their wet dreams.

Good trading next week!

[attachment=12952:InsideTracks082809.PNG]

[Slothrop]

What does the straight up and down blue line (placed at early September) represent?

[iloli way]

What does the straight up and down blue line (placed at early September) represent?

Dateline: September 11th.

( I do have another secondary line shows an IT top at between 1054.36 and 1058.73 in next two weeks; but I can't post anymore chart without deleting existing charts first, my TT chart space is depleted)

[iloli way]

BTW, if anyone knows anyone/anywhere had mentioned the SAME 'Fractals' and '9/11 time/price' as I posted here BEFORE I did, please kindly post a link here. I'll be happy if I am 'the loner' and like to learn more; even happier if my work turns out to be right. Greatly appreciated.

[iloli way]

I do have another secondary line shows an IT top at between 1054.36 and 1058.73 in next two weeks

That secondary line has a 'bifurcation point' on the week ending 9/18/09 at 1048.60.