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!

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.

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

quote:

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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

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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.