I was just playing around with the square of the range from 666 low to 1370 and geometric lines derived from that,with parallels and thought the chart surprisingly interesting..There does seem to be quite a bit of resistance at current levels.Interesting how the recent range is half the major range too.
Friday, 15 June 2012
SPX Geometric chart
I was just playing around with the square of the range from 666 low to 1370 and geometric lines derived from that,with parallels and thought the chart surprisingly interesting..There does seem to be quite a bit of resistance at current levels.Interesting how the recent range is half the major range too.
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1 am update 4th wave still in play and late stage of rally ending here.. 5th wave down to come?
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