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 691.72

-0.1%

Jan 16 4:00 PM EST

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To: kimberley who wrote (82839)	5/24/2016 2:18:48 PM
From: GROUND ZERO™	Read Replies (2) of 221961

I see two possible monthly buy wiggles... one in the $NDX with a close for this month above 4518.17... it's trading this moment at 4443.32, so it's not that far away, but must close above that price on the last day in May... Also, the $SOX index, another monthly buy wiggle with an end of May close above 684.71... it's now trading at 686.05, so all it needs to do is hold this level into the end of this month... The end of the month is next Tuesday, so we'll know soon enough if this rally is real... my wild hunch is that it is real and we'll see these patterns complete... but, that's just a hunch... if this rally continues through this week, then the odds become much more likely we'll see those wiggle patterns on the charts... GZ

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