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 691.88

-0.3%

Jan 30 4:00 PM EST

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To: GROUND ZERO™ who wrote (36585)	8/17/2012 10:45:27 AM
From: Joseph Silent	Read Replies (3) of 222676

Just a small update on where we are on the dailies ....................................... The space between the white dashed line and yellow dashed line is now important. The yellow dashed line may (or probably will) act as an attractor. We are negotiating the green channel, having crossed the midway point. If we are repelled, it will be by the top of the red channel. If so a short term top around 1430 may be in the works (next week). This is only a guess, with no great insight, due to many things converging.

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