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Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?


To: the-phoenix who wrote (459)4/7/2003 9:02:10 PM
From: the-phoenix  Respond to of 941
 
Similar Setup in the TNX:

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To: the-phoenix who wrote (459)4/8/2003 9:53:44 PM
From: the-phoenix  Respond to of 941
 
Here is an alternate short-term bullish scenario for the SOX. Today's low came right at a .786 retracement of the 3/31-4/7 rally. If it can turn up right here tomorrow, it has a chance to make a run at the January highs to complete a Bearish Butterfly in the 350 area:

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If we continue down tomorrow, then I think the Bullish Gartley in the 285 area is in play:

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To: the-phoenix who wrote (459)4/9/2003 9:58:13 PM
From: the-phoenix  Read Replies (1) | Respond to of 941
 
I'm liking this bullish setup on the SOX better and better. In addition to the harmonic supports on the Gartley pattern, we have an equal move potentially in the hourly timeframe at 284:

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