Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Indy500 who wrote (201991)	1/7/2025 8:31:58 AM
From: northam	Respond to of 207447

Your reading the price projections correctly. However, the M-E-2 is closer to 2 months and the Q-2 is closer to 3 months. The projected highs are based on the averages of that cycle. Some get reached, some miss. If you go to my board SPX Cycles #2 Reports and look at the #2 reports, you will see what I mean. The way I use my system, I look at the type of cycle then look at the projections, you also have to look at the status of the lower time frames (60 min, Daily & Weekly), as they can have a big impact on the longer time frames. That's where I find my #1 Report Status Report helpful. As I can easily see the status of each time frame. Hope this helps. Northam