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Strategies & Market Trends : Longer-Term Market Trends
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From: Fintas11/24/2014 10:19:29 PM
   of 3209
 
BP SPX.

You will note a push up from the 69 to the 72 as I had considered and it could push a bit more.

As that happen the MP spx turn up a bit to the 90. So retest that 94 or do as many hope. UP TO 100.. NAH..

Here's the problem for the bulls of which I am one.

That 72 could do 74/76 but to get to 100.

Ya just can't do it with out some serious pull back.

And again on the way down once this up is done that bp spx will go lower than the pervious 18

Other indicators will follow. LOOK at the RSP,SPX the RSX SPX . The RSX is NOT turning up. And the RSP IS going now where.

So we see a little bump in the mo spx, 10 week spx, bp spx.

That suggests one keep your upside realistic. 2500 is NOT happening until that 54 retraces. and that will lead to 200 points down.

I don't care if 2150 is hit or not.

I just understand how far down we will go on this next step and it's a lot lower than 1950 that another is projecting.

But there is nothing wrong with hoping. I've been hoping for MSFT 80. Ain't happening.

Fintas

BPSPX11/24/201472.00072.4550.6Bear CorrectionXSell
PTSPX11/24/201478.00079.0840.2Bull ConfirmedXBuy
RSXSPX11/24/201446.00044.8210.0Bull CorrectionOBuy
RSPSPX11/24/201446.00050.1990.0Bull CorrectionOBuy
TWSPX11/24/201488.00087.450-0.6Bull ConfirmedXBuy
30SPX11/24/201476.00076.8921.0Bull ConfirmedXBuy
MOSPX11/24/201494.00090.0400.2Bull ConfirmedXBuy
WDSPX11/24/201440.00041.4343.0N/AXBuy
Aerospace Airline
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