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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: Fintas who wrote (30345)

12/24/2018 11:48:06 AM

From: Fintas

Respond to of 41016

SPX using a 2 box reversal and a 97.2 VB. It will help some consider how much further down and what is possible on a 2 box reversal up. I.E 194.4 points.

One should see tis hard to get past over head resistance but that road down to 2268/2106 is not so difficult.

More importantly if one understand the 3 box reversal and the larger boxes of 108/162/234 then RUH ROO.

BE ONE with the water whether it be further decline for MSFT/ AMZN, JPM etc or SPX, DOW.

Bounces will occur as most understand, but the LARGE controlling box is down just as the 486 controlling box was UP from 486 to 2916 over YEARS.

So do we know retrace to oh my 1458 using a 3 box reversal or do we stop in the 1944 using a 2 box reversal with some consideration to the down to 1782/1620. HMMM. We shall see but count me as one who can see SPX 3068but not in year 2019.

Fintas IMO

10		12	16	17
	09	11		13		18
				14
3207.6										3207.6
3110.4										3110.4
3013.2										3013.2
2916.0								8		2916.0
2818.8						X		7	O	2818.8
2721.6						1	O	X	A	2721.6
2624.4						B	2		O	2624.4
2527.2						A			C	2527.2
2430.0						6			O	2430.0
2332.8						2				2332.8
2235.6						C				2235.6
2138.4						7				2138.4
2041.2				B		3				2041.2
1944.0				6	O	X				1944.0
1846.8				C	1					1846.8
1749.6				A						1749.6
1652.4				5						1652.4
1555.2				3						1555.2
1458.0				9						1458.0
1360.8		4		2					•	1360.8
1263.6	O	1	O	X				•		1263.6
1166.4	9	3	8				•			1166.4
1069.2	A	9				•				1069.2
972.0	O	7			•					972.0
874.8	O	4		•						874.8
777.6	B	X	•							777.6
680.4	3	•								680.4
583.2	•									583.2
486.0										486.0
388.8										388.8
	08	10		12	16	17
	09	11		13		18

To: Fintas who wrote (30345)	12/24/2018 11:50:54 AM
From: candlestickit	Read Replies (2) \| Respond to of 41016

"There's too much downside yet to come. Those who shift to the long side will have their moment in the sun but those thinking we are going to turn to take out previous highs in year in 2019 might want to re consider" Yes! ZERO chance of new highs. We'll get a retrace when this short bottom comes, but that's it. The presidential alert in Oct rung the bell at the highs. Bear market started in Oct 2018. Before it's all said and done, the 2009 low in spx gets taken out. See charts comparing now and the 1970's.