they LEFT just ENUF ROOM FOR WAVE # 5 on TUES AM to get to 1162 at open
|SPT 2nd @ 8:35am|
FUTURES ARE NOW AT 1183at 8:45am
HOW LOW IS LOW ?? --I guess we will have to let the mkt tell us that.
BUT we can use fibo to get some idea of what we can expect
from 1121 low to 1230 high 109 pts
50% = 55 pts to 1175
62%=67 pts to 1163
78% = 1145
THE PREVIOUS SETBACk on Aug 18th took out 53 pts that day
would get the spx to 1151
IF we are watching for WAVE EQUALITY, that might be today's target
OK, NOW YOU WANT TO KNOW WHEN today, right ?
Here's 2 possibilities
90-bars at 12:30
126 bars at 3:30
AND WHAT HAPPENS NEXT ? CRASH & BURN ? OR REBOUND ?
VPN's have the answer - so- JOIN this wkend and get the full report