Saturday, March 8, 2014

Do charts lie part 2

These charts should lead to a sharp drop to Spx 1850 sometime this pre option week perhaps Weird Wally Wed.

 Sell number one is a 12 count on the Demark Combo

 Sell #2 is a chart of the HYG or the high yield Corp
bonds. Every indicator on this chart shows a divergance with the Spx 2nd row
Click chart to enlarge. That drop = the Spx on Feb 28th
Or the major support line currently seen on any chart.

Here we have a point and figure chart calling for 
Spx 1840

Good luck