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Strategies & Market Trends : Classic TA Workplace

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To: Galirayo who wrote (135751)8/16/2006 5:27:16 PM
From: Moominoid  Read Replies (1) of 209892
 
If the stochastic gets above 80 then the forecast will be extended.The model lets me see the direction 5 days forward at the moment.

Another model I just ran a simulation on though would signal a top if there is a small pullback on Thurs-Fri and then a slightly higher wave on Monday.

I think though this is likely the final part of the corrective wave on SPX that has been running for a couple of months and wave C down is upcoming starting on Tuesday.
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