Friday, October 1, 2010

Friday Oct 1st 2010

My trend model on a close basis has an aggressive sell at 1126 Spx. We could clearly have some serious damage if we close below 1131.89 putting me on a sell for Monday then.

Trend is UP till we confirm a CIT (change in trend )

I don't understand why many EW guru's have the market going sideways for 3 to 5 more days?
Guess we will find out!

Wednesday, September 29, 2010

update at 3:30

I have been out all day and just returning.
Based on spx at 1142.76 I get an aggressive sell at 1126.
If the market dips into close that 1126 should move up point for point.

Still looking for a major low 11-16 based on the 144TDL cycle

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Tuesday, September 28, 2010

Latest update

Just updating from yesterday vacation mode :)
Aggressive sell for today spx 1119
For Wed based on 3:37 Today @1146.52 aggressive sell spx 1123