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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: hawkeyefan who wrote (22234)1/11/2016 10:34:53 PM
From: pedro_deleon  Read Replies (1) of 41410
 
ZH has a piece out tonight with charts from UBS.
UBS is using a 32mo MA as their bull support line.
Which basically dovetails with a retest of 1867. That must hold for their bullish case.
Their other chart asks if we are repeating 98 p/b, or 00 & 07 tops.
My observation is that 98 Asian Flu slowed a relentless rise stateside per the long MAs.
While most of 15 saw us shifting into stall mode.
They also throw out an EW count, and there's room for their indicators to take one last challenge of the highs, without flipping to a bullish posture.
t.co
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