sharetrader
Results 1 to 10 of 1906

Threaded View

  1. 26-02-2010, 02:21 PM #11
    ananda77
    ananda77 is offline
    Senior Member ananda77's Avatar
    Join Date
    Jun 2004
    Location
    New Zealand.
    Posts
    1,465

    Default

    after close of market:

    ...buy program manipulation catapulted the market out of a trend which should have seen the fall of the *1080 level today; the first indication of such a move was yesterday's positve A/D ratio; as a result, the SPX 500 targets are now *1128/*1139/*1154 according to classic bear market 3-wave moves: A = *1044 - *1112; B = *1112 - *1086; and C = in progress with above targets;

    ...caution: a sharp move down that takes out *1092 would turn the market near term bearish again, while up-targets are confirmed with a Close above the 50-day MA

    Kind Regards
    Last edited by ananda77; 26-02-2010 at 07:54 PM.
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules