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Strategies & Market Trends : Longer-Term Market Trends
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From: Fintas9/9/2014 7:27:27 AM
1 Recommendation

Recommended By
toccodolce

   of 3209
 
SPX........1458/1944/2430

Here we are having hit 1944 and many thinking 2430.

Problem is most large value boxes for the spx of any size are extended.

Ya don't have to take my word for it...Just take a peek.

Look at the 40.5/54/64.8/81/97.2/145/162.

Then take a peek at the 34.02.

Look at the 18 to see how some have been using the 18/14.58/11.34/9.72 to delay the obvious.

Ya can't continue to extend the 40.5/54 without a technical need to retrace.

And when the retrace occurs those familiar with PNF can do the counts to see the down. I've done them often. I do so for it's basic. It's not going to change until it does. The work requires it's the same ol same ol until it changes. Once the pattern changes then the UP is known and the down is now anticipated.

OR.. once the move from 1944 up finishes..

Wheter can be seen using the 40.5 54 or 108 boxes.

That means.. Whether it ends at 2012/2052 or

Then it is back to 1944

1890

1836

1782

1728....... MOST TECHNICIANS can see the numbers above to this number.

Then 1728/1674/1620........There's a gap UP at 1650 ish. IT WILL BE FILLED!

Then 1566.......... WHERE was the SPX last 2013 in MAY/JUNE ISH..

Then 1512/1486/1458..

The same 1458 that was presented at the top of this post.. 1458/1944

I continue to hear from some how bad my work is from the same some who don't understand the work.

They suggest the work i.e PNF has not been accurate. Yet that same work was used for buying many equities.. As well as understanding when to sell or use covered calls.

Now it's ok for some to not understand but I find it of interest when asked.

WOULD ya be specific.

And I'll ask again.

What positions do I have re SPX?

BE SPECIFIC?

Fintas
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