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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 675.37-1.2%4:00 PM EST

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To: Brian Sullivan who wrote (65997)11/20/2014 1:56:15 PM
From: Fintas1 Recommendation   of 218380
 
That would also be a count of:

972/1458/1944/2430/2916 ****** Please note the use of 2917 Some ask me why I use 4.86 or 486 with the PNF.. The answer is when/where and how to use and not why?

The 972 straight to 2916 is an extreme count. Keep in mind we only dropped from 1458 to 667 taking out the 972 and not hitting 486 or not quite 2 boxes of 486.. To move up 5 is extreme.

OR as I just said differently.. 2050 to 2900 ish is not only not rational but someone trying to push an idea that isn't logical

Yet one day after the retrace.. 1458/1944/2430 That is LOGICAL Then back to a 1944 and under to then do a 1944/2430/2916..

When anything moves to quickly whether a BAC from 4.87 to 18 a healthy retrace is objective.

OR As gold did from 486/972/1458 and FAILING to take out 1944 which as we have seen resulted in the drop to 1458 and 1137 and it's still to be determined if that's it. OR 972 to then make it's move from 972/1458/1944..

Just some fodder to look at a SIMILAR number 2917 or 2916 with a different view.

Fintas
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