4 replies to this topic

[tsharp]

welp, over here in my little corner of the TT empire, all appears to be moving along about as it should...

it appears that wave-a:e:d may have finished at today's lows, taking the spx about halfway to what i think is a ST swing target low of ~1150... if this is the case, we could see a rally from near here to perhaps as high as the ~1210 level... but we'll still just take this one day at a time.

--tsharp

[bobalou]

I got 1204 ish up in days(fri).then down 1171-6 ish swing pt,gap, as test next week( my low), then to new highs,a least higher then here at end of mo. (??, but new highs, could chang w/ oil,$$. and comp does not hold 2006)..if we go to 1210 fri we got back into my ST up channel ,then down side changes. ?? I'll keep looking.one step at a time.that oil is killing this market,and I think it's not real,but I'm not going to fight it.good thing I do not day trade,could that work w/ you.the dates and price are hard to see,that is why I have ish's..the fib's you add are nice

[tsharp]

I got 1204 ish up in days(fri).then down 1171-6 ish swing pt,gap, as test next week( my low), then to new highs,a least higher then here at end of mo. (??, but new highs, could chang w/ oil,$$. and comp does not hold 2006)..if we go to 1210 fri we got back into my ST up channel ,then down side changes. ?? I'll keep looking.one step at a time.that oil is killing this market,and I think it's not real,but I'm not going to fight it.good thing I do not day trade,could that work w/ you.the dates and price are hard to see,that is why I have ish's..the fib's you add are nice

<{POST_SNAPBACK}>

you'll note that my wave-b is parked at about the ~1205 level... from appearance that appears to be a pretty good retrace level for a balanced fractal. i don't keep tabs on the minutiae time stuph... i think this full leg down will be done by 3/29-4/1, then the target date for completion of the last leg up seems to look good at 5/2... twt.

--tsharp

[bobalou]

If I could stay home .I would go long some OEXs'...I love it when are #s are the same

[tsharp]

hate to say it, but this chart action appears to be the c-wave of a running b-wave... if so, we're likely to break the 70s quite soon. --tsharp chart later