S&P500

ftse80
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13 years 2 months ago - 13 years 2 months ago #3504 by ftse80

S&P500 was created by ftse80

I just went short on s&p500 at 1501 due to
- doji
-overbought RSI
- negative divergence on rsi
- fibbo projection to 100%

bear in mind it is EOD chart

Last edit: 13 years 2 months ago by ftse80.

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Rossymc
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13 years 2 months ago #3505 by Rossymc

Replied by Rossymc on topic S&P500

Hi ftse

How does the fibbo project to 100 please ?

Cheers RMc

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ftse80
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13 years 2 months ago #3508 by ftse80

Replied by ftse80 on topic S&P500

from 1343 low on 16/11/2012, high 1448 on 18/12/2012 and low 1398 on 31/12/2012
This is only recent wave projection

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GGOK
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13 years 1 month ago #4412 by GGOK

Replied by GGOK on topic S&P500

Hi
I was reading this interesting article about 2013 vs 2011 market structure.

www.bespokeinvest.com/thinkbig/2013/2/27...vs-2012-vs-2011.html

What is interesting also about yesterday's action is that, copper has not cOnfirmed the move. I think this is a warning sign of perhaps some 5% correction to come in March.

G

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diver993
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13 years 1 month ago #4413 by diver993

Replied by diver993 on topic S&P500

screencast.com/t/K7MoiciqW

Based solely on a repeat of wave W - up to 1474.9 14th Sept 2012 - the projected high would be 1552.20 and this may well be subject to an extension by at least 23.6%.
Just MHO.

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