Wednesday, July 16, 2008

today's action




Here is the bounce on the $NDX and $SPX, near a 1.000 and .500 node respectively..

2 comments:

Bevets said...

Mark

I appreciate your work. Do you still expect to see S&P 500 @ 1170 or so by the 23rd or so?

Steve

mlytle said...

Hi Steve,
No, it looks like the rally started on the 15th rather than the 18th or 21st as suggested by logarithmic nodes...now we rally for a while..I'm still processing where this is likely to go, look later tonite for some projections...

Regards,
Mark L.