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Re: wjzabs post# 8617

Friday, 08/07/2015 9:37:22 AM

Friday, August 07, 2015 9:37:22 AM

Post# of 10312
3 charts, SPX, SOX and BKX. SOX has surprisingly the best fork pattern there. Looking for some shock to the market to make next weeks bottom. Without it it seems to be a bit too far. The Eurozone seems to be ignoring some realities, Previous statements have been the ECB will not participate without the IMF which says it is going to wait until Autumn. The French CAC made a steep retrace to near the top and the German DAX is very high also. I wouldn't be surprised to see some 5% or more down days next week there and could feed some drops here.




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