If 50% doesnt hold my best guess is a double bottom with the low early October ,1 year from the high
There is 60 month cycle later in October
The high to low range was 744 points. 744 days from the high is Sep19 !
There is 60 month cycle later in October
The high to low range was 744 points. 744 days from the high is Sep19 !
1309 is key level for bulls. I think we either bottom this week or retest 1180
Congrats to Lara Iriarte for the knee-slapper of the week with this wave 4: http://static.safehaven.com/authors/iriarte/31166_b.png
ReplyDeleteI was really pleased with ysterdays move,coming one day before the Gann square of the range. I guess I wont feel really comfortable though till we are above the 20,40 dma's on the daily
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