1217 is weekly S1 1217.66 daily S1 1219.65 daily S2 1215.55

My 15, 30, 60 daily charts

MY CHART FOR FINANCIALS

Think like MM's...... mutual fund buying is the only thing that could have pushed us this high in such a short period of time. People decided to buy into this higher rise for fer of missing something. MM's need to make money by years end.......so if mutual funds bought the 1st of the month and greed y people jumped in we may go up until years end in my opinion, but we will see.

try this again IE 9 beta a PITA rofl

my 5 min chart



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support now is 1200 spx with major support at 1196 1192

support now is 1200 spx

could the daily be a weird cup and handle with possible targets 1300-1400 hundred fib projections that I have computed?

Now this isn't to say by years end we will hit this so lets keep it reasonable and sane please.

The daily says we have much higher to go.....nothing is etched in stone, but if the trend continues we very may well hit those motnhly resistances 1240-1250

look at this 30 fork....sugggesting a possible higher target for sure. We shall see........1216.82 weekly r1 here, next monthly 1218.12 r1

1218-1220 now possible.....1240 future also possible from my pivots and fib work

Watch the banks.....financials looking to catch a bid........

intraday charts and daily chart

As I said unless we fail last months close and the low December will remain bullish. When and if we fail those problems we then look for bearish targets. My monthly

1207 possible pull back 15 min shows a possible sell. Remember the 1212 pivot that I posted....Well look at the 15 chart here.

If I read my charts correctly the 60 m clearly shows that 1173 was a bottom....how long it last is the question.

Temp bottom 1173.....next bottom 1160-1155 should this happen

gotta hold 1196 1192 1186 1183 pivots

my 60 rember 1207.04 is the r3 pullback or 1212?

My thinking is they wont tank the SPX before Xmas. We could be in a wave 4 that can go as low as 1133, but a 1.618 pull back puts us at 1155. As long as we hold 1100's I think we will be fine.

Seems like an old play going on here we go up until years end with head fakes back then next year we go higher unless something kills us.

A 1.382 expansion puts us at 1298, and the R3 pivot for the monthly is 1280.....So if this scenario pans out look for possible 1227-1280 move. If the pull back happens look for 1155-1100 move. Now don't go off thinking we will hit 12050-1280 thism onth either be real about this! All charts tell me that we need to break 1192 and hold to move higher in the near term.

Remember 1.618 to the downside would be 1155. which by the way is the break out to the upside we are having minus the last pull back to 1173.

The Monthly pivot is 1196, and the daily is 1183. We must stay over Novembers 1173 low, and over the 1180 close. Until December closes lower than 1180 we are bullish. Remember lower targets are not off the table so be care full. MM's will look to headfake to get your money.... I think we are in a bottoming phase , but I could be wrong. Be carefull

more than likely....see where they land in January

will try to remember BT

daily weekly monthly fibs and oex!

SO FAR THATS HOW i HAVE IT COUNTED THIS AM IF YOU CHECK MY CHARTS...i COULD BE WRONG, but I posted that wah any way

I must go assist my da today so BT you may use my current pviots in class......they are off 1 point from yeterdasy close not worht reconfiguring for 1 point.

Thedaily s2 is 1074 the weekly s1 is 1063. The 50% retreace of 1010-1129 is 1056, and the 61.8% retrace is 1036. This is all listed on the daily chart in pink.

The daily suggest more down to come while the weekly and monthly chow a negative reversal move to the downside is happpening. We need to hold the 1074-1063 pivots or we will see 1044-1036 as a possible support area if the higher supports fail.

Check my 60 minute fork and pviots and you will see if we fail the meidan line the lower targets do come into play as low as 1036.

Remember for a lower pivot to come into play higher pivots must fail. We are under all pivot points for the daily weekly and monthly. The 60 shows a weak RSI on a bottoming stochastic.

The daily must correct to evaluate for certaqwin the next true direction.....For now it appears to be down.

Look at the 1010.91-1129.95 fibs and the weekly daily pivots, and fib retraces for clues....see intraday notes as well. Monthly, daily, weekly charts are diverged. What if wave 3 was 1129.95 BT?

If we fail here we head towards 1070. If for sure 1129 was the fith wave a 61.8% retrace would be 1070.43 which is a 1.618 extension to the downside daily fibs that are posted! So far the bottom is 1076.69; which was where in my last class I posted would be a lowest target to keep from falling back into a bearish trend. 1056 is the absolute low for not completely killing an up move. We are at an inflection point! Failing here puts us at odds at lower targets! I would almost say that 1078 is where we need to continually close at.

VVUS ISN'T DEAD EITHER...oCTOBER IT WILL BE READDRESSED FOR FDA APPROVAL. DON'T WAIT TO BUTY ATY A HIGH! LIKE BEFORE KILL THE TRADE BEFORE THE APPROVAL DATE.

We could do a pull back, and possibly test 1127- 1133. No matter what we do remember the points pivots are 1117-1119 daily-weekly, and the 1st support is 1109-1111. The second support is 1101-1097! The daily, 5 and 15 minute chart say a pull back is in the cards, and holding 1095-117 keeps us moving higher! The weekly and monthly charts suggest much higher targets are possible. Watch the weekly for the Mac D cross over and long any thing in synch of the SPX that has made a nice pull back if the weekly mac D crosses over the 0 line.

Daily weekly monthly pivots and fibs. If the monthly and weekly stochastics continue up we could get back to 1180-1204. Key areas to watch 1130 1140 1150. We need to hold 1121 to make higher targets!

Intraday pivots and fibs

The daily weekly Monthly charts are starteing to say we may have a real live up move that couyld possibly hit 1187-1190. We made the 200sma and holding this is key to moving ahead. Look anf the MAC D on the weekly, and the Stochastic trying to hook up on the monthly and daily! We have a falling Vix and Dollar. I say watch 1140-1150 for next significant pull back!

The monthly chart shows that getting, over and maintaining a close over 1121 is key to much higher targets!

We hit the daily R3 we will do a mild pull back here at some point. The max if we move ahhead is 1127-1130. The weekly targets are 1136-11401

The monthly R2 target should be 1165 not 1065 as a correction in the last thread. I think we will make a bit higher high before we pull back here this morning and then pull back. Be careful the S2 low is 1082 and is also marked on a trend line on one of the intraday charts!

Looks like the weekly chart shows a higher move up happening. Right shoulder would be 1130-1150. The fibs show us already making a 50% trace back towards 1219.80. The Next retrace pivot is 1115.36, and the R2 is 1113.94, and the 200 Sma is 1113.40. So we should test the 200 day. To me it seems like we did an 5 wave A to 1099, and a ABC B wave to 1056.88 and now we could be doing a 5 wave "C" move towards the monthly r2 of 1065.25. We should do a pull back here, and I would say a HCR keeps us range bound between 1087.76-1103, or a expanded flat that takes us as low as 1076-1071 with the real extremes possibly hitting 1066.91 a 78.6% retrace! If the monthly Stochastics turns at the dotted line look for way higher targets than before. Let's see where we go.

Looks like the weekly chart shows a higher move up happening. Right shoulder would be 1130-1150. The fibs show us already making a 50% trace back towards 1219.80. The Next retrace pivot is 1115.36, and the R2 is 1113.94, and the 200 Sma is 1113.40. So we should test the 200 day. To me it seems like we did an 5 wave A to 1099, and a ABC B wave to 1056.88 and now we could be doing a 5 wave "C" move towards the monthly r2 of 1065.25. We should do a pull back here, and I would say a HCR keeps us range bound between 1087.76-1103, or a expanded flat that takes us as low as 1076-1071 with the real extremes possibly hitting 1066.91 a 78.6% retrace! If the monthly Stochastics turns at the dotted line look for way higher targets than before. Let's see where we go.









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