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Ayock

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Ayock

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Re: denmo83 post# 21650

Thursday, 06/15/2006 3:15:14 PM

Thursday, June 15, 2006 3:15:14 PM

Post# of 51821
denmo83

Here are the correction suspects I come up with using fibs math for an upward correction of the impulse move down from 2378 to 2065...these numbers are the suspects I'd look for to guesstimate the next downward turn...

W2 up:
.236 - 2138 shallow and the $comp just hit that number (14:50)
.382 - 2184 which would be standard
.618 - 2258
.786 - 2311 is needed to break the downdraft and create a new bullish impulse

A


"When all you have is a hammer, the whole world looks like a nail..."

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