The New CS Board

[dindindon]

Avi-Gilburt is still bullish, but gives leeway

It may be a rocky ride to new highs in the S&P
By Avi Gilburt
Published: May 26, 2015 11:26 a.m. ET
http://www.marketwatch.com/story/it-may-be-a-rocky-ride-to-new-highs-in-the-sp-2015-05-26

Alternatively, should the SPX take out the support at 2123, then that will open the door for the (b) wave drop, which is confirmed below the 2116 SPX level. The ideal support region for this (b) wave resides between 2093 and 2101SPX. For those who believe we have a major top in place, it would take a break down below 2076/80 SPX for me to maintain the perspective that a major top has been struck.

comments:
Just a set of plain Fibonacci series:
2101.33 0.500 2134.72-2067.93
2093.44 0.618
2075.96 0.382 2134.72-1980.90