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.
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