2.5 wk projection 1505 area.
SPX cash should tag the 21 day sma.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p35071758696&r=9053.png
cycles
Started by
airedale88
, Aug 07 2007 02:51 PM
8 replies to this topic
#1
airedale88
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Posted 07 August 2007 - 02:51 PM
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#2
youmast
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Posted 07 August 2007 - 02:54 PM
Great job, air
RAF-RAF-RAF....
RAF-RAF-RAF....
#3
LarryT
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Posted 07 August 2007 - 02:58 PM
2.5 wk projection 1505 area.
SPX cash should tag the 21 day sma.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p35071758696&r=9053.png
Most likely next week, my weekly projected 1488 high was met today, two day correction then up to your 1505 looks good to me.
Larry
#4
claire
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Posted 07 August 2007 - 02:59 PM
2.5 wk projection 1505 area.
SPX cash should tag the 21 day sma.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p35071758696&r=9053.png
Thank you for your update and great calls. Question: What is the approx date for the 2.5 wk target? Thanks
#5
GOOSE2
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Posted 07 August 2007 - 06:49 PM
thanks AD, your still the best on the board by a mile
thanks for sharing
#6
Russ
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Posted 07 August 2007 - 07:29 PM
Ties in with Eric Hadik...looking for a high around Aug 15-17. Thanks for posting.
Edited by Russ, 07 August 2007 - 07:38 PM.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#7
rkd80
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Posted 07 August 2007 - 11:52 PM
2.5 wk projection 1505 area.
SPX cash should tag the 21 day sma.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p35071758696&r=9053.png
Most likely next week, my weekly projected 1488 high was met today, two day correction then up to your 1505 looks good to me.
Larry
Larry,
Does the 1505 tag assume that the 2 day correction does not take out previous lows? Looking for something like an inverted H&S?
“be right and sit tight”
#8
airedale88
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Posted 08 August 2007 - 01:52 AM
2.5 wk projection 1505 area.
SPX cash should tag the 21 day sma.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p35071758696&r=9053.png
Thank you for your update and great calls. Question: What is the approx date for the 2.5 wk target? Thanks
claire, that's hard to estimate coming off a volatile bottom like this. anytime thru the next 10 days approx.
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#9
Echo
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Posted 08 August 2007 - 02:18 AM
Aire,
Assuming the 4.5yr bottomed Friday close-Monday open, we are only 2 days along this 2.5wk cycle which off a 4.5 yr bottom should be high RT. In 4 days, the 5wk fld will be down to 1492 and keep dropping from there. Looks like a nice up cascade is set up assuming the 2.5wk target is met. A cross at 1492 projects to the ATH at 1555 for the 5 wk target. Of course, the cross could come lower and first things first.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=4&dy=0&i=p84303730782&r=2898.png
A turndown from the 21 ma could slow things down if back and filling is in the cards.
Echo
Assuming the 4.5yr bottomed Friday close-Monday open, we are only 2 days along this 2.5wk cycle which off a 4.5 yr bottom should be high RT. In 4 days, the 5wk fld will be down to 1492 and keep dropping from there. Looks like a nice up cascade is set up assuming the 2.5wk target is met. A cross at 1492 projects to the ATH at 1555 for the 5 wk target. Of course, the cross could come lower and first things first.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=4&dy=0&i=p84303730782&r=2898.png
A turndown from the 21 ma could slow things down if back and filling is in the cards.
Echo
