Wednesday, September 02, 2015 11:47:18 AM
09/02/15 SPX
review:
- 08/09/15 SPX
- 1560.33-2134.72, 0.382/1915.30, 0.4045/1902.38.
- I mentioned 1905 couple times in Q4/2014.
follow up:
- selloff on 09/01 (1903.07) dropping right to support levels at 1902-1915
- daily closes below these levels to signal a new wave down is unfolding.
- the process using simple Fibonacci series:
- (1) set up multiple initial target zones
- (2) and then zooms in the corresponding Fib points.
review:
- 08/09/15 SPX
- 1560.33-2134.72, 0.382/1915.30, 0.4045/1902.38.
- I mentioned 1905 couple times in Q4/2014.
follow up:
- selloff on 09/01 (1903.07) dropping right to support levels at 1902-1915
- daily closes below these levels to signal a new wave down is unfolding.
- the process using simple Fibonacci series:
- (1) set up multiple initial target zones
- (2) and then zooms in the corresponding Fib points.
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