Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 681.89

+0.3%

Oct 31 4:00 PM EDT

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To: Jack of All Trades who wrote (25574)	10/10/2011 10:00:02 PM
From: Chip McVickar	Read Replies (1) of 218276

yup... that's the forward daily fork... looks familiar... <smile> the weekly forks are giving us a run for their median lines... one off 1101 low is active.... also there's one higher at 1220 60min chart has a pitchfork almost straight up off oct low that's interesting also the fib weekly pivot center at 1175 has been broken seems especially strong coming out of the 1074 consolidation of april-sept 2010 ... with a weekly RSI divergence in place... so... it seems a place for trust in momentum indicators... Now What.... I think this weeks full moon will give us a clue... the high of the past peak was sept 27th... the new moon...

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