this graph shows the next move is LOWEr
Shankar
I have been given a solar NN graph that shows DEC 15th OPEN as a MAJOR down, and could be the LOY
16th shows only a retest of THAT LOW
Today is 12/10
We had a 60 bar cycle low at 10 am
we had an hourly high at 10:37
SOLAR nn shows high at 12:30
then lower to Open dec 15
Charts edge shows high at 10;37 approx
LOW at 3pm
There is an HOURLY time point ALSO at 2:56 pm which coincides with that
Dec 15th is BRADLEY
STILL OVERBOT
Some have today as an IMPORTANT pivot day, and its starting to look just like that
Dem's and White house have agreed on Auto bale out
UAW will probably be the Monkey wrench in this deal
More later
Jay
4 comments:
Thanks Jay.
Earlier, I had not thought that S&P could go to the bottom of the channel, but the way this market is behaving, there is a high probability that we'll see a number between 680-720 on S&P by then.
How do 12/11 & 12/12 look ?
It's amazing how they have managed to keep this afloat.
The Sun Square Uranus aspect has come to pass.
The full moon on 12/12 looks scary.
Id
Nuts.
At this point in time, I don't think November lows might be taken out (although Bradley Model indicates that).
I still think 780 is a good target. Anything below that could be gravy.
It is overbought, but refusing to sell!
You wrote:
"Dem's and White house have agreed on Auto bale out UAW will probably be the Monkey wrench in this deal..."
Now, this,
Auto bailout stalled, GOP seeks UAW concessions
Thursday December 11, 4:58 pm ET
http://biz.yahoo.com/ap/081211/congress_autos.html
We wait and watch.
Post a Comment