Thursday, November 4, 2010

Weekly H&S

3 weeks ago I posted this Weekly H&S chart with a target of 1197.80 SPX and of course our close today was 1197.96. We can say we are in close range to a top if we keep churning and stay under or near 1206.18.
Advanced Get offers a Wave 4 weekly with a possible A B C. to tie every thing together.

The next chart is a Wilgo (Larry Williams) look to some extent.
Vustx:Fagix overlay-ed on the Spx. This also suggest we are close to a top.

Click image to expand

Tuesday, November 2, 2010

Trend Still UP unless

We need a close under 1177.80 Spx to turn trend down.

Sunday, October 31, 2010

Trend Still UP unless

We need to break 1174.24 Monday SPX probably not going to happen.
Will add some simple 8TD cycles but direction form them unknown.
Click images to enlarge.