i have a projection on the BKX down to 53. since this wave 1 down started at 74 that would be a fib 21 which would make sense. we will see
the bks a projection
Started by
gannman
, Feb 11 2016 02:57 AM
2 replies to this topic
#1
Posted 11 February 2016 - 02:57 AM
feeling mellow with the yellow metal
#2
Posted 11 February 2016 - 05:17 AM
I posted a chart before of the similarities to 2008 for the S&P 500 equal weighted index. We are potentially entering the waterfall stage. BKX going down bigtime might mean defaults like crazy will be happening.
#3
Posted 11 February 2016 - 06:38 AM
I posted a chart before of the similarities to 2008 for the S&P 500 equal weighted index. We are potentially entering the waterfall stage. BKX going down bigtime might mean defaults like crazy will be happening.
Hi , I have a mm target of 52 on the BKX, and a mm target of 18-19 on XLF.