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Strategies & Market Trends : Point and Figure Charting

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To: Ms. Baby Boomer who wrote (32354)10/25/2019 11:48:55 AM
From: Fintas2 Recommendations

Recommended By
Ms. Baby Boomer
toccodolce

   of 34810
 
Someone has to buy.

And the mistake many make is identifying where they are in the cycle.

EX. This one after tagging the 2020 ish went down to the 1300's to then come up to take out that previous high and yet most don't understand the RSI is in O's and while some are trading off the lows. That's an ooops IMO as AMZN can easily retest the 1620 and yup that previous 1300.

NOT because I say so but because this chart and supporting charts say so.

So back to the SPX. YUP there will be buyers. I presented the 3078 for a reason.

It meant I could see it but that would not obviate 2700 .

IMO

Fintas




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1728.00 XOXOXOXOXOCOXXOX9Xo1728.00
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1600.00 XXOXOXOOXXOOXOOXOBot1600.00
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1488.00 XOXOXOOXOX1488.00
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