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.
Monday, August 17, 2009
Decline starts, as I suggested last week...
Here we go!
Pulling away from the trendlines, with conviction!
Top of $SPX was indeed called at node value .50677 with error of 1.354% on 8/7/09...
2 comments:
Anonymous
said...
There are a fair number of bloggers who are expecting a run up to 1,100 or so after the short and shallow decline.
Hi It seems that EW is looking for an A-B-C up over the recent highs (A finished and B just started). Also some forecasters claim that C wave will fail...
To me, it looks like a second head shoulders formation...
2 comments:
There are a fair number of bloggers who are expecting a run up to 1,100 or so after the short and shallow decline.
- Shankar
Hi
It seems that EW is looking for an A-B-C up over the recent highs (A finished and B just started). Also some forecasters claim that C wave will fail...
To me, it looks like a second head shoulders formation...
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