- Chart #1 shows a fib circle with higher out prices possible.
- Chart #2 shows the strong resistance area from yr 2000 and yr 2007 also suggesting we could hit the grey area
- Chart #3 suggests 1495 or noted out come.
- Vix + Spx suggest Wednesday up as does upvolume.
- Still very overbought but that is when s**t happens.
- Oex p/c ratio tells me nothing.
- I have a 40 TD cycle on the 21st most cycles have been lows except the 4-2-12 (1422H spx) and the 5-1-12 1415H 20 tdc so we are due for a cycle high.
More charts from my Stockcharts.com site.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=1045838,1&cmd=show[e273048185]&disp=E
Jerry