Friday, July 24, 2015

Lower Next Week.




Hi All,

Today Thursday I said @ 11:30 am ET that 2110 needs to fall but it held hard for a while.

Now that 2110 SPX has fallen I believe it is strong resistance.

Friday is a wild card and I have no call!

I have a low next week and a retest of that low the week after Aug 3rdISH  to get long for a sharp rally to 13-14th or 20-21 expiry more on this in a week.

How low could we go? Of course it will have to be find tuned but 2075/2083 SPX looks do-able if this is a wave 4 correction. Lower than 2075 and this is no Wave 4.

I look for a momentum number of 4150- currently we are at 4221.

This is what Advance Get looks like.with 618 @ 2075 Spx



Jerry
 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.