15 replies to this topic

[Russ]

Long term SPX looks to be breaking out, short term hitting resist.

Nasdaq does not look like it is breaking out, it is riding right into its long term resist. line.

Eric Hadik is a cycle expert. I posted this info on this board a while back "...360, 180, 90 & 60 degrees from these crucial turning points projects another key turning point on April 16 - 22, 2007. Similarly, a 40-week cycle (low-low-low or low-low-high Cycle Progression) projects a turning point for April 23 - 27, 2007. April 20, 2007 is also exactly 2 years (720 degrees) from the April 20, 2005 index lows...the final several weeks of this period could see a rally to - and retest of - the early-2007 highs."
from... http://www.insiidetrack.com/

[fib_1618]

Eric Hadik is a cycle expert. I posted this info on this board a while back "...360, 180, 90 & 60 degrees from these crucial turning points projects another key turning point on April 16 - 22, 2007. Similarly, a 40-week cycle (low-low-low or low-low-high Cycle Progression) projects a turning point for April 23 - 27, 2007. April 20, 2007 is also exactly 2 years (720 degrees) from the April 20, 2005 index lows...the final several weeks of this period could see a rally to - and retest of - the early-2007 highs."
from... http://www.insiidetrack.com/

Yes, Eric is one of many good cyclists. But the market has been talking very eloquently in this regard for the last 3 years and it suggests that the 9 month (40 week) cycle already bottomed on March 14th...the proof is in the price structure from that point in time.

Cycle work is a funny area of analysis...it works, until it doesn't.

Fib

[Trend-Signals]

TXN is trading up after earning report to $35 +/- R.

http://www.stockchar...298551&r=78.png
http://www.stockchar...11142&r=108.png

[Trend-Signals]

With the TXN earning report trading at 35.35, SMH is trading at 36.85 in AH. Breakout from the 7mo trading range is getting progressively affirmed.


http://www.stockchar...98557&r=872.png

[Trend-Signals]

China $SSEC Breakout with over 10% GDP Growth.

The $SSEC very LT formation which pointed out in Mar 2007... and US Weekly price action formation - Fractal/Resemble - The Price Channel which pointed out during Jun-Jul 2006.


http://www.stockcharts.com/c-sc/sc?s=$SSEC&p=D&yr=0&mn=6&dy=0&i=p02439948996&a=66381250&r=667.png
http://www.stockcharts.com/c-sc/sc?s=$SSEC&p=M&st=1991-01-07&i=p41832746448&a=103246091&r=37.png

Edited by Trend-Signals, 23 April 2007 - 04:47 PM.

[Mr Dev]

This is likely to be a problem, as has been posted on Teaparty's post. It is also Eric Hadik's forcasted high date today.

Thanks for sharing the info RUSS funny I did get a Sell Signal for the S&P and the DOW this morning,... I took

the DOW... my signal shows it more over bought compared to the S&P.

NDX and RUT still on BUYS with NDX being strongest.