I think we go down to 1115 level and back up to 1160-1180 by February. So, yeah… we're on the same page. That February date is important… trust me on that one. Regardless of how high we make it too on that date, it's a big turn date.
We have a big turn date come up soon Steveo… You might want to save this weekend post I just put up? Your 38% Fib. level from 1929 is pretty interesting.
This is just plain weird. A coincident timing of longest eclipse in 1000 years, and the S&P is bouncing off, and being repelled by, the 38 Fib Fan line drawn from the 1932 lows to the 2007 highs. I was pimping out this Fib Fan way back to July 7th, 2009
Elliottwave seems to work best after the move has happened… However, sometimes you can use it to forecast the next move, but I try to use a mixture of everything.
We have a big turn date come up soon Steveo… You might want to save this weekend post I just put up? Your 38% Fib. level from 1929 is pretty interesting.
Yep, I have 1115 as a key level too. I have two turn dates, one on Jan 29th and the second one around Feb 12th.
Thank you.
I think we go down to 1115 level and back up to 1160-1180 by February. So, yeah… we're on the same page. That February date is important… trust me on that one. Regardless of how high we make it too on that date, it's a big turn date.
Hi Red,
1142 is the key level for next week. If we go above 1142, 1131.39 (Fri low) might have been the low and more upside (1160-1170) is possible.
JMHO
We have a big turn date come up soon Steveo… You might want to save this weekend post I just put up? Your 38% Fib. level from 1929 is pretty interesting.
My weekend post is up now… you might want to keep it?
This is just plain weird. A coincident timing of longest eclipse in 1000 years, and the S&P is bouncing off, and being repelled by, the 38 Fib Fan line drawn from the 1932 lows to the 2007 highs.
I was pimping out this Fib Fan way back to July 7th, 2009
http://oahutrading.blogspot.com/2010/01/just-wh…
http://oahutrading.blogspot.com/2009/07/fib-fan…
http://oahutrading.blogspot.com/2009/09/dia-and…
Now it looks like it is really in play.
http://oahutrading.blogspot.com/2010/01/spooky-…
Elliottwave seems to work best after the move has happened… However, sometimes you can use it to forecast the next move, but I try to use a mixture of everything.
You could be right….I expect EWI to get gamed again….they just went full tilt short AGAIN….
I like the m-M-m pattern on the MACD.
We have a big turn date come up soon Steveo… You might want to save this weekend post I just put up? Your 38% Fib. level from 1929 is pretty interesting.
My weekend post is up now… you might want to keep it?