(psst...I know you wanna see some great bottom)
#1
Posted 13 March 2007 - 08:44 AM
My FF: we tag the green line for a major bottom.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=2&mn=9&dy=10&i=p54021318901&a=100560403&r=9775.png
Zoomed...
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=9&dy=0&i=t72429275992&a=100560403&r=8901.png
#2
Posted 13 March 2007 - 08:54 AM
#3
Posted 13 March 2007 - 08:58 AM
1326-ish is possible, but no lower then that.
Best,
LB
Lower not possible as a bottom, or just not possible?
Edited by spielchekr, 13 March 2007 - 09:00 AM.
#4
Posted 13 March 2007 - 09:08 AM
IMO, we get another bounce (1417-1421), a decline (1395-1381) and the last rise, (1431-1446).
If the decline comes first and 1381 does not hold, 1359-1356 is next.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#5
Posted 13 March 2007 - 09:11 AM
http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1980-06-01&i=p67141354882&a=84025986&r=7836.png
#6
Posted 13 March 2007 - 09:22 AM
Let me fork you one better.... This bottom fork is between 1340 and 1350..A quick and dirty using that target on spx....gives us 616 oex. (Have I mentioned 616 OEX before? double )
http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1980-06-01&i=p67141354882&a=84025986&r=7836.png
#7
Posted 13 March 2007 - 09:39 AM
80 EMA is a magnet
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&b=5&g=0&i=p28369282769&r=848.png
#8
Posted 13 March 2007 - 10:04 AM
#9
Posted 13 March 2007 - 10:16 AM
I can't fork for as long as I used to......but when I do fork....the time is better appreciated. vbg
Oh c'mon now, your modesty is SO insincere. Scroll up and look how long you forked!!!
#10
Posted 13 March 2007 - 11:16 AM
1326-ish is possible, but no lower then that.
Best,
LB
Lower not possible as a bottom, or just not possible?
SPX will not hit under 1326.
Best,
LB