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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Jerry Olson who wrote (11696)1/5/1999 1:20:00 PM
From: The Jedi  Read Replies (1) of 44573
 
Jerry, was that loud enough for you.

The megaphone is not complete yet. May retrace back a bit or all the way to the bottom and then blast off toward the top. Just another day or two.

Buy the way I noticed on the weekly chart SPX is making a megaphone since Apr 98. Like I said I have never seen a megaphone at the top and this looks like projecting towards 1350 at the top line (break above that leads to 1750). For that megaphone to complete on the bottom side the target is 900. May be we top out in April and then bottom out near 900 by July 99. Just some random thoughts.

Kiri
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