The New CS Board

[dindindon]

05/02/15 Status

(1) Market Trend Charts – overall link

- Market traps in the consolidation mode for 5 months.
- The gyration in FOMC week (04/28-04/30) says it is getting closer to a sizable pullback.

(2) Fibonacci terminal points

Zone 1 2070-2130
Zone 2 2130-2214
Zone 3 2214-2317
table
chart (chart is getting older (11/15/14), but its perception still intact)

(3) SPX Short term high targets

2120.14, 2124.63, 2130.46 , 2138.86, 2140.84
- To be bullish, the serious test remains on whether it will break 2130.46 decisively (2138.86)
- 2124.64 was posted on 03/07/15, ATH 2125.92 was observed on 04/27
- 2130.46 has been highlighted for more than 5 months

(4) SPX Short term low targets

2029.52, 2005.40, 2004.02, 1973.79-1965.20 (refer to the table)

(5) Middle term target 2213.50
(6) Long term target (pending)