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Strategies & Market Trends : Zman Market Timing

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To: Fintas who wrote (275)10/19/2013 11:27:37 PM
From: Kimston1 Recommendation

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I think 3380 to 3400 (basis NQ nearby continuous futures) is pretty well tightened up as a projected area for a reversal. Topping process may or may not take more time. We could easily double top in a few months after a decent sell-off from the current leg up. Some of my timing work leads me to think that we don't get significant downside until we get past Feb/Mar 2014. After that, pretty much all longer-term cycles are pointing down. I agree with moving below 3000 on NQ. Just revisiting the lower end of the rising channel takes you to 2900 area. However, there's a good chance that the channel will be broken sometime in the next 12 months.

Kimston
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