Hurst 20 Week Lows Dead Ahead - Covered Short now Looking to Accumulate Longs
20 week low due July 15-20 most likely as a Neutral Triangle...If this Puetz Full Moon collapses more (say down to the mid-June lows), its just an incredible gift for the bulls who should be buying this 20 week low ahead with both fists. If this is indeed an X-wave and 1320 holds, there is a party ahead for the bulls.
Re-read here:
http://chartblog.blogspot.com/2011/06/mathematical-perfection-of-july-15-20.html
...and here:
http://chartblog.blogspot.com/2011/07/no-trades-until-july-15-20.html
Re-read here:
http://chartblog.blogspot.com/2011/06/mathematical-perfection-of-july-15-20.html
...and here:
http://chartblog.blogspot.com/2011/07/no-trades-until-july-15-20.html
posted by chartblog at
10:52 AM
5 Comments:
David Now that we are at 1320 a week early were is your low target on S&P for 20th
I'm going to watch to see if we bounce around for a week on this 1320 area.
This low may be similar to the November 2010 low and the August 2010 low where a low was made early, a bounce, then a retest.
Watching 1320 as support for now.
I bought one small long so far at 1320 if this is a neowave Neutral Triangle.
July 20 is the big date that I'll switch to heavily long.
Thanks David,see you have a low of 1308 or bust,will be watching
SPX 1320 acting very well so far as support. Added new chart with Andrews Median line.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home