4 replies to this topic

[airedale88]

SPX meeting 10 wk price projections posted a few weeks back has now generated nominal 20 wk upside price projections, due before the late december 20 wk low. there is a nominal 10 wk cycle low due mid oct, no indications on it but currently i expect it to be benign.

[Jnavin]

Airedale, thanks.

[airedale88]

i posted an INDU enevelope chart last week stating it was a very bullish pattern. today's INDU chart, assuming a strong close above the upper band, can be considered a continuation buy. a close above the uppper envelope indicates another 9% to 15% higher from that close before any important sell signal develops.



http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=6&dy=0&i=p53594030290&r=6837.png

[Insider]

i posted an INDU enevelope chart last week stating it was a very bullish pattern. today's INDU chart, assuming a strong close above the upper band, can be considered a continuation buy. a close above the uppper envelope indicates another 9% to 15% higher from that close before any important sell signal develops. Based on what stat?


http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=6&dy=0&i=p53594030290&r=6837.png

[airedale88]

i posted an INDU enevelope chart last week stating it was a very bullish pattern. today's INDU chart, assuming a strong close above the upper band, can be considered a continuation buy. a close above the uppper envelope indicates another 9% to 15% higher from that close before any important sell signal develops. Based on what stat?


http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=6&dy=0&i=p53594030290&r=6837.png

price of course. read it again.