SPX 1380 for Bradley Date?
There is some cycle symmetry pointing at SPX 1380 +/- for this move into late July Bradley date to mid-August Spiral date.
SPX 1319-20 and 1308 didnt hold....adjusting projection.
SPX 1319-20 and 1308 didnt hold....adjusting projection.
posted by chartblog at
3:04 PM
5 Comments:
Today's low in the SPX was a perfect 61.8% fib retracement of the previous rally ( 1258-1356 ).
IBM +$3.00 after hours.
MOS with blow-out numbers.
Tomorrow should be an UP day!
Wow Cisco putting a damper on futes with planned 11,500 layoff.Man this just does not feel right
The SPY June 28th gap at approximately 128, could serve as a potential price magnet over the next couple of days.
Great blog. Thank you! With your bullish projection for the markets what do you see for precious metal complex short term (1-2months and longer term)? i.e. gold and silver.
Anon 11:50, I'm somewhat contrarianly bearish on the metals and am strongly considering selling all my silver at $45 +/-
Here were two posts I made on silver and to me it looks like silver wants to go back to $24...?
http://chartblog.blogspot.com/2011/05/3-stage-trend-line-signal-in-silver.html
http://chartblog.blogspot.com/2011/05/silver-headed-back-to-18.html
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