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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: chartseer who wrote (51467)6/6/2013 4:02:21 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 223581
 
Point and figure is too antique for me... I like something more modern like my own model, which I always find amazing...

GZ



To: chartseer who wrote (51467)6/6/2013 4:21:52 PM
From: Fintas  Read Replies (1) | Respond to of 223581
 
More importantly just draw a line from the spx 1350 across and as you do envision the head and shoulder, breaking under the blue lines and all of it supported by waves of strings done in a sequences DOWN. KEEPING in mind that there will be BOUNCES as we go lower.

The bounce can be seen and after that? Using smaller box sizes will help to see the micro view. What you presented helps to see more of the MACRO view. Yet it all isn't seen until you walk it up from 162.. NOT the retrace to 670 ish.

Understanding it may have failed at 1565 but the count of 486 DOW began from 1458 with consideration to LONG AGO. On the flip side. YUP 1944 but NOT before we reconcile that 1458

And how dare GZ call PNF antique. GIGGLE So what's that say about ME. GIGGLE

Fintas