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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: GROUND ZERO™ who wrote (6689)6/29/2005 12:30:47 AM
From: Chip McVickar  Read Replies (3) of 12411
 
stockcharts.com[h,a]daoannay[dc][pc34!f][iLb14!Lb5!Li14,3!La8,21,5][J19878191,Y]&pref=G

It will take a mighty effort to get through 1219, but that's what my internal studies suggest....!!!!!!!!
1.618 forward time pivots are on the 5th
Oh Yes, there's a TP to correspond with the coming time gap

Spiral Chart
>>> Using 1229 high(Mar) and 1136 low... time clearly ran out
>>> Using pivot of 1191 and the 1136 low... time clearly ran out
>>> Using 1178 pivot and 1136 low... time clearly ran out
>>> Using 1146 as pivot and 1219... time clearly ran out

Only the band of chart resistence and the forward fork held the price...

So clearly a window of significance opens first week July...

I like the chances for a strong move above the recent highs into August.... <smile>
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