This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Can you imagine if as you question on your second chart, if this really was wave 3 of 5? Holy crap! What would have to happen to the Euro for that thing to go into hyper-space drive like that. Sheesh.
Here is what I have. I have been following the Sept. 18, 2014 analog. Yesterday still fits it. I have the breakout line that I will flip on. I do not know the future here.Indicators have started to confirm (some key ones from the middle of the chart rather than the lower sweet position to guess long from). I remain bearish below the blue line.http://i1383.photobucket.com/albums/ah317/souljester618/SPY_CHART_zpsgvq96xjf.pngRuck.
worth remembering we are 6 months from the sept top