SPX Point & Figure chart.
Cheers,
Bob-C
The SPX Point & Figure chart new bearish price projection is 1200!...
Started by
Bob-C
, Mar 16 2011 11:14 AM
9 replies to this topic
#1
Bob-C
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Posted 16 March 2011 - 11:14 AM
Hi everyone, here is the SPX Point and Figure chart with the new bearish price objective of 1200!
SPX Point & Figure chart.
Cheers,
Bob-C
SPX Point & Figure chart.
Cheers,
Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.
#2
Mr Dev
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Posted 16 March 2011 - 11:23 AM
Thanks Bob
and extending the blue trend line up into the future my eyeballs are putting that support line approx 50 points lower at 1150.
and extending the blue trend line up into the future my eyeballs are putting that support line approx 50 points lower at 1150.
Hi everyone, here is the SPX Point and Figure chart with the new bearish price objective of 1200!
SPX Point & Figure chart.
Cheers,
Bob-C
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#3
zoropb
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Posted 16 March 2011 - 11:31 AM
Thks B.
Funny you mentioned that.
I got fair value at 1201 for this year so far and it is 1046 on a 4 yr avg. fwiw
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#4
Bob-C
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Posted 16 March 2011 - 11:31 AM
Thanks Bob
and extending the blue trend line up into the future my eyeballs are putting that support line approx 50 points lower at 1150.
Hi everyone, here is the SPX Point and Figure chart with the new bearish price objective of 1200!
SPX Point & Figure chart.
Cheers,
Bob-C
You're very welcome Mr.Dev. Thanks very much for your SPX future projection and all of your excellent analyses and insights contributions.
GLTU.Keep up your good work!
Best,
Bob
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.
#5
Islander
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Posted 16 March 2011 - 11:34 AM
Good, if you look at the equities in the SP5 the indication is that some of the leaders could be much lower. Not clear what the implications are for the longer run. The T theory suggests this gets done and new highs are ahead. I am looking for leadership candidates a la IBD methods.
Thanks, Islander
#6
selecto
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Posted 16 March 2011 - 11:39 AM
Z. what does that mean?
#7
zoropb
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Posted 16 March 2011 - 11:47 AM
where the value by price of ES'c (SPX) against a basket of coms bonds curency resides by my work.Z. what does that mean?
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#8
Bob-C
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Posted 16 March 2011 - 11:49 AM
Thks B.
Funny you mentioned that.
I got fair value at 1201 for this year so far and it is 1046 on a 4 yr avg. fwiw
You're very welcome zoropb, thanks for the information.
GLTU.
Cheers,
Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.
#9
Bob-C
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Posted 16 March 2011 - 11:51 AM
Good, if you look at the equities in the SP5 the indication is that some of the leaders could be much lower. Not clear what the implications are for the longer run. The T theory suggests this gets done and new highs are ahead. I am looking for leadership candidates a la IBD methods.
Thanks, Islander
Thanks for the information Islander,
GLTU.Cheers,
Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.
#10
selecto
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Posted 16 March 2011 - 01:31 PM
where the value by price of ES'c (SPX) against a basket of coms bonds curency resides by my work.Z. what does that mean?
I assume you have a way of being confident that it is the SPX price that is out
of wack, rather than the basket or something in it?
