Terry's T Theory
PDF Chart
The new chart shows a perfectly fine example of a Bear type of time symmetrical (112 days) T, sketched in the S&P plot, which confirms a peak in the S&P a week ago at the black 55 Day Moving Average (MA).
Within T theory, this is sufficient to conclude the next move is down to the green dashed line currently S&P 1224.
Also note the blue momentum oscillator is beginning to weaken, suggesting a top is forming at the 55 Day MA , now at S&P 1296.
WARNING from the "T"
Started by
Rogerdodger
, Aug 25 2008 12:36 PM
2 replies to this topic
#1
Rogerdodger
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#2
Cirrus
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Posted 25 August 2008 - 04:04 PM
Terry's stuff is pretty good....if he has that T right it aint gonna be pretty.
#3
nimblebear
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Welcome to the Dark Side !
Posted 25 August 2008 - 09:32 PM
the guy has it right. I have no doubt.
and you are right. It aint pretty. 
OTIS.
