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To: Jack of All Trades who wrote (23411)12/3/2001 1:14:30 AM
From: Chip McVickar  Read Replies (1) | Respond to of 209892
 
Hello Jeff,

The SPX printed OB areas on the daily chart and then quickly established modest OS signals. The weekly SPX is not yet OB so I expect this coming week to be UP....!

Dominant daily SPX forward fork is handle 3/22/2001 w/big spread

To me the most dominant weekly forward SPX fork is handle off Oct 1999 wk 4 low w/spread from peak to Sept low.

DJIA Internal strength weakened significantly after Nov 14-15th, on Friday 30th that trend reversed and internal strength began improving.

Dec 2-4-5 mark a dramatic grouping in the forward Fib projections and along with other forward time techniques has opened a strong window..., this cluster of independent projections should conclude with a DRAMATIC move higher and more then anyone expects. Looking for the SPX to seek 1195 very shortly, and then 1275.

If this cluster produces a sell off..., the target is 1110 and then 1000.