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Non-Tech : Kirk's Market Thoughts
COHR 166.30+0.9%12:11 PM EST
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To: northam who wrote (6714)2/15/2019 12:31:11 PM
From: Kirk ©  Read Replies (1) of 26675
 
Thanks but why not just say
"With the S&P 500 having passed 2770, I predict it will soon be between 2770.46 and 2809.54 by the end of this month."

rather than
Message #6714 from northam at 2/15/2019 12:10:16 PM

The SPX 60 min today at the close of the 3rd hour confirmed a 60-E-2 (due 2/20/19) the projected high range is 2770.46 to 2794.56, the 60-E-2 high is due Tuesday at the 5th hour. With the confirmation of the 60-E-2 there is now the possibility of a M-S-2 (due 4/22/19) getting confirmed today or Tuesday, with a projected high of 2809.54, the M-S-2 high will be due this month.
Isn't it saying the same thing?

Or did I read it wrong and the confirmations are valuable even if we don't have a line or number like a H&S neckline to show a breach means the signal failed and is no longer valid?

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