But before April OE the market should be between 72x (61.8% Fib retrace) and 87x (the iron top since 1/13)
so we are right in the middle...........
Unchanged swing picture.
The upperline of falling wedge (also daily MA(50) line) is retested today.
I was looking for 12/10/2008 pattern when the prediction was made.
Today it delivered a similar ...
bayliner1979 发表于 2009-3-25 18:48 [url=http://www.hutong9.com/redirect.php?goto=findpost&pid=489057&ptid=35927][/url]
The pre-3/31 quarter OE climax point could be 838, which is 61.% Fibo retrace from 666 to 943.
The closing price of SPY at 3/31 quarter OE should be 80.xx, for QQQQ it is around 30.
Today's rally is predicted by yesterday's phantom SPY bar.
The incoming pullback is predicted by today's phantom QQQQ and IWM bars.
BTW, in chart 1.0.6, yellow lines are piercing through red lines. The market trend has changed.
Hey Bay, in regards to 1.0.6, if the trend has changed, do you still think the range bottom 72.x.. possible?
No change in the swing picture.
The pre-3/31 quarter OE climax point could be 838, which is 61.% Fibo retrace from 666 to 943.
The closing price of SPY at 3/31 quarter OE should be 80.xx, for QQQQ ...
bayliner1979 发表于 2009-3-26 17:04
Laoda, you said "the market trend has changed." Do you mean the uptrend is now almost at its end? Thank you very much.
No change in the swing picture.
The pre-3/31 quarter OE climax point could be 838, which is 61.% Fibo retrace from 666 to 943.
The closing price of SPY at 3/31 quarter OE should be 80.xx, for QQQQ ...
bayliner1979 发表于 2009-3-26 17:04