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

To: SE who wrote (81037)	3/17/2016 5:01:26 PM
From: GROUND ZERO™	1 Recommendation Recommended By Vendit™ Respond to of 218450

You're right, but I don't see how it could happen now... most of the time it doesn't complete the pattern, just that this time I thought it would... but since the pattern fell apart today, I don't see how it could reform tomorrow... it could, but the odds are now heavily against it... GZ

To: SE who wrote (81037)	3/17/2016 8:36:04 PM
From: GROUND ZERO™	Respond to of 218450

For the SP, if you look at the July 2015 high, it took 11 weeks to reach the subsequent low... it also took 11 weeks from the recent Nov/Dec high to the next recent low again on February 11th... from those lows, the first rally took 26 days... today was day 25 of this rally... another 20 point rally tomorrow and we're at the time/price top measured more price of 2052.00, give or take a few ticks... nice in theory, but we'll see how real that is, who knows... GZ