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 681.44

+1.6%

Nov 10 4:00 PM EST

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To: GROUND ZERO™ who wrote (40938)	11/29/2012 11:32:14 AM
From: Joseph Silent	Read Replies (1) of 218662

For the very near-term I am seeing the 1430 area as a checkpoint where something may happen. Under the assumption that we continue going up after a potential breather, then it also seems to be half-way to (using the run from 1350 to 1430 or so to measure halfway) to the eventual target for the run. So if it works out, we may eventually see 1510+ or so after the potential breather. No magic here ...... just basing this off symmetries from the June low. :)

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