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possible final drop ahead into 1306 to 1286 ideal target 1293


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#1 Wavetimer

Wavetimer

    wavetimer system

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Posted 26 May 2011 - 09:43 AM

it would be a perfect wave structure if the sp can drop into these target as ec p/ call 10 day is giving it buy and trin i would love to see one more sprike in trin above 2.5 and vix has a wave structure with 22.86 we have been sideway to down over 19 days second longest in 2 yrs . a sprialfrom march came in at last low but neg effects of eclipse due 6/1 this would be last point which should hold back markets worldwide bearish levels on my models is nearing july 2 low and call buying in vix nearing a great buying trade in spx traders who are in cash should look to buy long into weakest if sp drops below 1303 at any time dec call in the money gs has a target 132 we should see the low for the year in the xlf on this last drop so banking sector to turn copper has held well into .382 on weekly so fcx jjc could rally well .ifSP CASH TRADES ABOVE 1323 AT ANYTIME FROM NOW ON BE LONG AS WE WILL SEE A RALLY OF 14 TO 19 DAYS STRONG .HAS for the bb weekly it is contracting and as I see this as a signal of a 176 pts sp rally to start 6/11 last post