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koolblue
Rep: 48,651
Posts: 16,032
GOOD MORNING ALL! Well as you know im not a big fan of longer term forecasts, but i keep getting asked so much that thats why i posted some views the other day on the globex thread and the trading strategies forum. I bring it up not to receive plaudits but because im trying to 'teach' you that the techniques i have shown you here(price proj. and cycles) work on any time frame and in any market for that matter! I have always made good money from the markets but my dream has always been to create an 'army' of traders as skilled (or better!) as i am to level the playing field at this giant casino we call the financial markets. When i made the case for a top in the market tue-wed with 872.50-877 being the prime resistance area im sure most were skeptical, and heck, coming off of the most oversold market in history thats understandable.
KO
koolblue
Rep: 48,651
Posts: 16,032
i min proj is 824 and 1 min avg is 824.25 ill sell one more there!
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prestwickdrive
Rep: 2,057
Posts: 1,098
quote:
Originally posted by prestwickdrive
remember singles 817-817.75 and 817.75-820.25
We took these out and bounced off of 17. Next lower set is 807.25-813 and 813-814.25, fwiw. Also 813 is sq 9