Humble1 and Swing Trading Friends Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Humble1 and Swing Trading Friends

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: humble1	10/11/2013 4:43:54 AM
	Read Replies (1) of 41413

More hits on SPX 2240: 1. 666 <- .382 -> 1267 -> .618 < 2240 The perfect Fibo break from 666 2. 442 <- .618 -> 1553 <- .618 -> 2240 I do round up or down for neatness but just within the point. You may consider SPX 2240 (+/-1, at most) as the target. 3. This one is a little trickier. I consider 1677 as the end of the "abcde" and the plunge to 1647 as a Pinocchio, an "ex machina," in a way. 1074 -> 1422 = 348 348 X 1.618 = 563 1677 + 563 = 2240 4. 563 X 1.618 = 910 1576 - 910 = 666 The entire distance of the collapse from 10/9/07. So there: Seven hits on 2240. Quite a confluence!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next