Zman Market Timing Message Board

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Strategies & Market Trends : Zman Market Timing

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To: zman69 who wrote (452)	10/25/2013 7:18:37 AM
From: Fintas	Read Replies (1) of 15903

Re Nikkei; Using a 486 value box and 3 point reversal the Nikkie is in a wedge. So for the optimist if it breaks up it's a 16652 amd then 17038. However for the objective if it breaks down it's 11692 and THEN 11206. Thus although I haven't presented it your 11300 is possible for rarely does a wedge break with one or two boxes. Since these are large box values THREE boxes up or down is unklike but a a partial string could occur and there's your 11300 and not th e11206. If any are considering shorting the Nikkei or want a realistic look to the down there's the down. And that UP.. It's there in the TA just as 1944 is for SPX. However not here and now. I mentioned there was a wedge for the bp spx. I gave the UP needed. Here we are record highs, and hasn't broken up. When looking at data it helps to go deeper than the surface to see what is happening underneath. SPX makes new highs yet it's support details are not making new highs and topping. What's it mean. For the NIKKIE down is coming. into 2014 For SPX DOWN is coming.into 2014 Fintas

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