Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 690.40

-0.5%

Jan 14 4:00 PM EST

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To: Peace who wrote (75818)	10/15/2015 6:58:10 AM
From: GROUND ZERO™	2 Recommendations Recommended By Justinfo Vendit™ Read Replies (1) of 221780

Yes, exactly, and I do remember your saying that about the SOX index as a leading indicator... I've been watching it since then, and I also saw that pop yesterday... I also bought some based on that chart pattern and its leading indicator status... many thanks again for sharing that valuable observation... Three forms of break out as of recently and yesterday, also a nice wedge break out right on schedule using the 65% rule for that wedge... the 65% rule means that chart patterns typically break out of a wedge pattern about 65% through the wedge, they very rarely go the full length of any wedge... and this one was right on schedule... GZ

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