|May 24th @ 8:35 am|
as projected on the previous page, the FIBO leads to a high possible at 1325
in the middle of the channel lines.
the lower channel line projects a low in the 1250 to 1280 area- thus filling the previous gap
TIME & Energy projections indicate that low on Wed, May 25th at noon
This May time period has not produced a crash effect on stocks. WHY, you ask. good question.
the best answer I can think of is we are watching extensions of the trend to a higher high, on or before August 8th.
EKG great and rolls over for LOWER open tomrrow