KO
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
THIS ONES TRICKIER CAUSE OF WHICH BAR YOU START THE CYCLE WITH... SO IT COULD BE AS LATE AS 1:15 but the projection is valid unless we touch 817 area again
KO
koolblue
Rep: 48,651
Posts: 16,032
remember .. im very bearish today ... could be we invalidate or start back up and hit the proj. Any thing can happen (and probably will!)

