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

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To: Chip McVickar who wrote (12233)6/26/2013 1:32:40 PM
From: Chip McVickar  Read Replies (1) of 12411
 
It is obvious that the previous positioning long was early and they were closed.

The low of 1560 was an almost exact 1.618 off the high

1509 remains a fair possibility...

I will wait on purchasing long until 1608 is closed above for two days...

If we see price below 1560... then a 1608 entry will be lowered accordingly...

The USA markets are about to enter a time period of significantly higher numbers... and many new highs
This is projected from my work and that of others I follow.

Beginning in middle to late July...

Chip

ps this is my opinion and for entertainment... I am often wrong <smile>
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