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Strategies & Market Trends : Longer-Term Market Trends

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From: Fintas11/25/2014 10:15:34 AM
   of 3209
 
SPX.. This picture will help some to see how EXTENDED the SPX IS.

Humble has a post up this AM that clearly shows the extension of the SPX.

If you want to understand the HIGH POLE for the 54 value box go there to take a peek.

I tried to re post it but it did not come thru.

MORE IMPORTANTLY THE CHART he uses are NOT PNF.. Simply demonstrating one doesn't have to use PNF to see it.

As you look at the chart he provided that is extended look to where support is below.

Notice any familiar numbers.
Those that think the spx is going to continue going up with out a healthy retrace or 200 points as I've presented are more than welcome to buy.

Fintas
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