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

To: Peace who wrote (112418)	10/12/2018 6:52:04 PM
From: GROUND ZERO™	3 Recommendations Recommended By 3bar kimberley Machaon Read Replies (2) \| Respond to of 221936

We could see another test of these current lows, but my hunch is not as low as yesterday... and then higher, this is a significant bottoming action, as I see it... we're going higher from here in my best guess... There's also a two year underlying support line which we can see here with this chart, but the SP futures market over the past two years using only the front month shows a perfect underlying support line which stopped yesterday's decline... and today it also touched that line and rallied away from it... I think that line has already been tested as of today... All in all, it's higher from here is my best assessment... Here's the weekly chart which is not as precise as the two year daily chart of the continuing front month, I also included that previous wedge breakout line in this chart: GZ