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Strategies & Market Trends : Longer-Term Market Trends
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From: Fintas11/26/2014 8:31:06 AM
1 Recommendation

Recommended By
toccodolce

   of 3209
 
PNF.

Just to provide some color for those who use PNF or have an interest..

I've built a mock look of the 54 value box. I've thrown in some milestones. I support it with a very good understanding of HIGH POLES and what happens when they break down. This is also supported by a good understanding of the bp spx posted on this site. ALL can look at it.

A touch of the 2080 would cause an x to be added for the 108 value box and another for the 54.

As I noticed another presenting 2240 as a possibility which is 260 points LOWER than 2500.

As you look at this view keep as yourself do you feel lucky? Fintas

X This is what the 2500 would look like without a retrace
X
X
X
X This what a 2240 would look like but a few points off for the 54
X
X
X 2080 next 54 kicks in and another 108 value box
X
X
X
X
X Now keep in mind the MO SPX numbers I presented which are very extended.
X
X
X
X
X A RETRACE of that 54 value box is coming. LONG before 2500
X
X
X WHEN IT OCCURS.. whether from 2080 or another one best be prepared
X for a retrace of 3 x 54 and then some or 200 points minimum.
X My understanding of PNF and indicators suggests 1890/1836/1782
X 1728/1674/1620 Filling the gap at 1648 That's apprx a 6 box retrace
X before it is done. Rallies may occur beforhand but then lower just as POG.
X
X 1396 apprx from where the 54 value box
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