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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: savvyinvester0 who wrote (12301)10/2/2014 11:33:55 AM
From: Chip McVickar  Read Replies (2) | Respond to of 12410
 
TP for Reversal at Noon

FWIWorth...

30 min S&P cash chart

...will established all its Fib goals for the move over the last 10 days off high on Sept 19th
...1.618 extension = 1932.64
...1.618 extension = 1929.92

Price has been following a pitchfork down
...reached it's lower tine this morning
...Fib Pivot point extension S3 has been reached at 1942.91

TP - Time Forward Projection - for reversal change comes in at 12:00 noon today Oct 2
Also a Time Forward Wall has been passed as of the open today

I expect a reversal is possible this afternoon

If these lows are broken then expect to see 1917.67 ± on the futures chart

Chip