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S&P 500
5,564.41
(
1.08%
)
US TECH 100
19,251.33
(
1.27%
)
Dow Jones
40,421.36
(
0.33%
)
Brent Oil
81.69
(
0.21%
)
Bitcoin
66,543.61
(
-1.57%
)
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sharpei

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sharpei

Re: sharpei post# 105

Wednesday, 06/17/2015 9:14:49 AM

Wednesday, June 17, 2015 9:14:49 AM

Post# of 236
Mornin' toofun, Okay, we're gonna do this step by step: 1) Google Bulkowski 'Big W' formation. The formula (easy) is there. These are the numbers to use (You may double check my numbers which could be off very slightly.) Top of Big W (S&P one year chart) about 2127...bottom 2072(should be 55) times .42 = 23 plus top of 'W' = 2150. (Some of my models are at 2160...so will update from time to time. This is not far from where we are and I do not believe we have seen the high for the year yet.)
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