i bought a book by a fellow called john person entitled pivot points . i just got it and was looking at it
the monthly pivot point for august was 1209 on the spx. i figure that if u move away from that by more
than 6% in either direction then that direction is in control.. since it also looks to me like wave 3 down started sep 8
i would say that wave 3 is fully in force now provided we trade under 1135 . my target for wave 3 is 875 area fwiw
g
pivot points and ewave
Started by
gannman
, Sep 12 2011 03:07 AM
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#1
Posted 12 September 2011 - 03:07 AM
feeling mellow with the yellow metal