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I'm shifting top of wave d back to July 5.
With todays breakdown to 1308, its very certain that July 5 was the high, and July 7 was an intermittent b-wave.
Back on July 5th I wrote: "Next 10-15 days will be very interesting to see how severe this Puetz Full Moon reacts. If 1308 doesnt hold, SPX could easily drop back into/below 1280's which would just be more gift for the bulls."
Hurst 20 week lows are due now and 1308 is holding. Not shifting to 100% long yet, still waiting to see what July 20 brings.
Chart I posted back on July 5 so far appears to be the most accurate....
With todays breakdown to 1308, its very certain that July 5 was the high, and July 7 was an intermittent b-wave.
Back on July 5th I wrote: "Next 10-15 days will be very interesting to see how severe this Puetz Full Moon reacts. If 1308 doesnt hold, SPX could easily drop back into/below 1280's which would just be more gift for the bulls."
Hurst 20 week lows are due now and 1308 is holding. Not shifting to 100% long yet, still waiting to see what July 20 brings.
Chart I posted back on July 5 so far appears to be the most accurate....
posted by chartblog at
2:16 PM
3 Comments:
excellent, I like your continous readjustment to the market flows.
Just keep on doing :)T.
David I believe we see 1260 in the next 5 days,following week after opex is bearish,debt ceiling,lets see the pop tomorrow with goog up 12% i think we gap and crap tomorrow
1308 holding so far
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