Its hard to say yet what type of triangle is forming, but so far it
looks like a rising bottom with a contracting top
IF so, then Feb 10th should NOT hit lower than spx 820 intraday
AND Feb 17th should NOT hit higher then Feb 6th.
A 2pm LOW time is in between 180bars@ 1;30 & 204 bars @ 3;30
there is a LOW tide at 3:02 pm, and hourly at 3:06pm
the reading for the 10th calls for disappointment
and Murphy's law - whatever can go wrong will go wrong.
There is a small cluster of 3 hard aspects from midnite to 6am on the 11th
which if anything would have its effects on the 10th.
Feb 17th/18th =
21 trade days from Jan 20 - low
34 from DEc29 low
55 from Nov 28 high
this timing could be equal to Nov 28 high on 17th with Dec 1st plunge on Feb 18th
more later
Jay
3 comments:
I think the 790 you have been looking for may happen around Feb 23.
So, 820 (Tuesday) - 900+ (Feb 17) and a dive to 790 (Feb 23).
That would be my guess.
Shankar
actually we could see a match to Nov 21st LOWS on March 6th
Jay
Thank Jay.
I'll keep a watch out for March 6.
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