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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Fintas who wrote (29129)	8/16/2017 3:43:22 PM
From: Ms. Baby Boomer	Read Replies (1) \| Respond to of 34822

>> IF that 2490 is not taken out... IMO... IT ain't gonna happen... That Candlestick is a Shooting Star Top on the S&P 500... So, the Bulls can start counting down a minimum 10%... However, IT could easily turn into a Crash should the downtrend begin to snowball.... M

To: Fintas who wrote (29129)	8/18/2017 11:12:59 AM
From: Fintas	Read Replies (1) \| Respond to of 34822

TURN those X's to O's on that SPX chart using 14.58 VB. The bigger picture is when the 54 VB turns but that happens from 2430 and to do that is 162 down and that's 2268. Remember I've retrace of the 97.2 VB and that's 291.6 points counting down at this moment from 2430.. THUS.. 2139 ish HMM that's NOT a 5% pull back from 2491 nor is it 10%. BOY SCOUT model.. BE PREPARED. CUZ like a thief in the night. Go to a previous link to see that chart using the 14.58 IF you want to see what's coming near term. Fintas