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

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To: GROUND ZERO™ who wrote (6814)7/8/2005 1:46:28 PM
From: c_hl  Read Replies (1) of 12411
 
Now the situation is kind of confusing.

If using Sept ES ( high on 7/6, low on 7/7), then the sprial is going vertical at the end of this month around 1230.

If using SPX, then the vertical is around 7/20-22 at about 1215 which translate into 1219 on the Sept.

I don't have a good measure, but that is roughly what I see on the chart.

That is quite a difference. I don't know which one I should trust this time.
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