3 replies to this topic

[dcengr]

This is what I see for next few days.. that bearish looking wedge will get the bears all lathered up. But it will fill gap and head upwards. Sentiment is in fine shape, and on schedule.

[selecto]

Why does it turn at 145 instead of making a leg-in-leg-out resolution?

[eminimee]

You could be right...

http://stockcharts.com/c-sc/sc?s=$SPX&p=5&yr=0&mn=0&dy=6&i=p11767976041&a=93322579&r=228.png



Ideally....this is what I'd like to see....

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=6&dy=10&i=p01887485676&a=104926928&r=1921.png

[Vector]

keeping it simple at this pt as long as we stay above the 5-day MA we're good to keep working higher. The worst is over, the other shoe already droppped. the next ST cycle pullback due anytime will give us all clues if its lame buy it or miss then next run to new highs that's my tip-o-the-day. good luck to all p.s. it's a further final lock once we surpass the 30 and 60 day MAs.

Edited by Vector, 24 August 2007 - 11:15 AM.