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.
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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
Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj
Sunday, 8 April 2012
Spx
Cycles suggest a turn at the end of April.The arrows are measured moves from 2 previous corrections.1275 is 360 degree vibration on the Gann wheel
There is some pretty formidable support down at 1340 SPX. The market is gonna have to break thru that level first, if the Bears are to have even a shot at being "right" for a change.
There is some pretty formidable support down at 1340 SPX. The market is gonna have to break thru that level first, if the Bears are to have even a shot at being "right" for a change.
ReplyDeleteyes bears need to see a clean break below the old highs
ReplyDelete