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Strategies & Market Trends : Point and Figure Charting
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To: AdvocatusDiaboli who wrote (32471)11/15/2019 12:41:08 PM
From: Fintas2 Recommendations

Recommended By
rdkflorida2
toccodolce

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AD, I'm surprised you think a 13% for the SPX retrace is a big deal.

Given where we are and the moves of past 13% is nada.

It is but a question of from where? I'd venture to say that IF we see a 13% retrace DA CHIEF would see it as a pimple on the butt of an elephant and an opportune time to buy..

If memory serves me that last drop was 23% into Dec 2018. And as we have seen that was an opportune time to buy.

IMO

Fintas
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