retest should start

We hit 1947.20 Tuesday, important day.
We should be on the way to retest low.
Jerry

Rally to SPX 1954 still the thought

Look back to Sept,2 arrows green line. This us now.
TOP CHART




#2 chart
Look back to Sept again, green ADX kiss blue falls. Watch next 2 days see if cross (rally) or fails

#5 chart
MFI should come back to lower line circle if not then real rally.





Time frame next 2-3 days.When I post text changes :(
Jerry

OIL and spx 1737

Is oil going up?

I don’t know but many say yes it is due from oversold targets. My heating oil man called today, said I have some left at this low price $1.47 low for this area. Do you want a fill I said yes since I watch prices.

Here is a site to check local prices if you live in New England.

http://www.newenglandoil.com/

As far as my call for Spx 1737 that is expected in April. Since the all time high the Fibs have been spot on  +1- day. ( next Spx 1634 no date)

You will notice not only the F233 from ATH but F89 from Dec 14^th low.

First we could rally to 1920-1954 if oil can hold. Just a news driven mkt.

Jerry

Spx 1737 could be next

Target 1979/1991

Based on wave 4 or pivots on pitchfork.
MFI in deep OS and other indicators turning up.

LOW is in

Charts based on key pivots and very oversold MFI not shown.

 Jan 8th 3:15 pm

I said yesterday we would at least hit 1938.83 Spx

Since 1932.92 has been hit  no double bottom.

My parabolic says we either hit a low at close or the low is Monday.

ZIG ZAG e new chart Tuesday final

 OK lets look at it this way. NO MA clustering, currently,
50 DMA @2049 should hold/ must hold.
MFI divergence area, room for it to come down a little with Mkt.

Tuesday, Dec 8th at 1:40 PM
I think wave E is still needed or ZIG-ZaG E
Most indicators are oversold.

Failure and Fibs

The fibs are doing a good job of finding lows.
Dec 15 ish could be that low.

diveragences were bullish but

Hello at 3PM Monday we are up some 78%  since the last low. If you were an "AI" you wou;d take profits right here.

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=2&id=p64544581536&a=414238839

Today important day? 28th

I have today as a fib hit of 89 TD. +/-1  IF we take out 1867.00 then the wave 5 is in, doesn't have to be the low.
Could reset the cycles. 144 TD takes us into Dec 15th ish. I think we at least have a little bounce here.