I've posted these two counts before...but might as well do it again to make things clear....it's all about that neckline on SPX...if it breaks to the downside....the count on OEX may come back as my top count.
We are playing with a critical area....
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=6&dy=27&i=p30460444987&a=93045759&r=9705.png
http://stockcharts.com/c-sc/sc?s=$OEX&p=60&yr=0&mn=5&dy=16&i=p53407421805&a=107003689&r=5614.png
Russ...
Started by
eminimee
, Jul 18 2007 01:42 PM
3 replies to this topic
#1
Posted 18 July 2007 - 01:42 PM
#2
Posted 18 July 2007 - 01:53 PM
Thanks Tea
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#3
Posted 18 July 2007 - 03:26 PM
Love the way it almost backtested that neckline-rally hats.
#4
Posted 18 July 2007 - 03:29 PM
It was an exact hit on that neckline if you look at the daily