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#1 airedale88

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Posted 23 March 2007 - 04:05 PM

this chart posted early in week, updated thru today's close. describes price action quite well. SPX slight stall at a tine on the pitchfork, correlates with the upper 2% envelope on the SPX trading band chart posted yesterday. i expect a resumption of the uptrend by the end of next week, price action till then fitting in with rogerdodger's FF for next week. that will generate a nominal 10 wk cycle projection higher.





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airedale

Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".

Ring-Ouzel, England

#2 arbman

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Posted 23 March 2007 - 04:10 PM

How much higher? I don't think the next 100 points is to the upside... Perhaps 40 more, but that's it... - kisa

Edited by kisacik, 23 March 2007 - 04:11 PM.


#3 airedale88

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Posted 23 March 2007 - 04:15 PM

How much higher? I don't think the next 100 points is to the upside...

- kisa



kisa, when/if the nominal 10 wk cycle projection is generated, i'll post it. till then i wait.
airedale

Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".

Ring-Ouzel, England