Trending the SP500 SPX using proprietary cycles. A mechanical program (excel formula's) and the use of Advanced Get (Elliot waves) to both visually show what my spread sheet offers and how Advanced Get understands it. I'm also using a MOON COUNT that has been working nicely! Use at your own risk to supplement your own work. Jerry
Sunday, May 8, 2011
Margin call TOP
Click image to enlarge.
1362 Spx would also be a normal 2.5% retracement from current low and the above stated fib.
The vix +spx indicator says Monday DOWN ( 70% correct)
The upvolume offered only 5 points, normal a 76% UV day would be 12 to 17 spx points so we ate a lot of upvolume going no where.
This kind of reminds of the 2008 volatility from different lows.
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