The home of the innovation of the Logarithm of Time as applied to the Markets.
We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Hi John, If the bottom holds, the normal target would be twice the height of the double bottom, which would be roughly 2000 on the $NDX and 1440 or so on the $SPX..but be very cautious here as there is some probability this market won't reach targets anywhere near that high..lots of underlying weakness...I'm almost thinking of not doing much with the upside in this market, except to position for shorts...until I see more strength in pricing, anyway..
Mark,
ReplyDeleteDo you have any projections? thanx
old john
Hi John,
ReplyDeleteIf the bottom holds, the normal target would be twice the height of the double bottom, which would be roughly 2000 on the $NDX and 1440 or so on the $SPX..but be very cautious here as there is some probability this market won't reach targets anywhere near that high..lots of underlying weakness...I'm almost thinking of not doing much with the upside in this market, except to position for shorts...until I see more strength in pricing, anyway..
Regards,
Mark L.
Mark,,
ReplyDeletethanx,
old john