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Weekend charts 3-28-09




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PS: keep in mind, we have a projection to 808.25, and 832.00 and 852.50 still outstanding(807-808.25 would equate nicely to 810 spx cash , just as 852.50 would equate nicely to 856 cash!)
Im not a big Elliot fan, but i wonder how they explain this? If you cant clearly see 5 waves down completed then you need glasses!

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That trade that kept me up all globex the other night allowed me to spend about 3 hours on Mr. Bussiere's site studying his charts (there is a bunch!). This is the one that caught my attention. Courtesy of Mr. Francis Bussiere.

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what about it peaked your interest VO?
I personally like that blue resistance line above which looks like 850 area might be it


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quote:
Originally posted by palmer

what about it peaked your interest VO?
I personally like that blue resistance line above which looks like 850 area might be it


Palmer, look at the top pane...its showing the relationship of the 20 period MA (purple) of the D put/call ratio...its very telling.