The New CS Board

[dindindon]

09/22/15 SPX

session low 1932.20, ongoing

Use my calculation method, SPX 1729.12, 1818.93, 1904.12 are important pivots; Since SPX 1700-1900 could be the potential Trough target Zones, I give a complete enumerations. We observed the First phase first Trough 1867.01 on 08/24 (projection 1862.84).
This method has good resolution on higher numbers, it deteriorates slightly in lower numbers; By combining with Fibonacci ratio, pattern aspect, & other TAs, it will give better result for quick traders. For example, for Today's session, the Fibonacci clusters are: 1935.17, 1925.78, 1912.09, 1903.32.

Usage: Terminal points in daily chart, see bottom chart

 
 04 0.64000 1366.22 
 08 0.79012 1686.69 
 09 0.81000 1729.12 
 10 0.82645 1764.23 
 11 0.84028 1793.76 
 12 0.85207 1818.93 (1820.66 10/15/14) 
 13 0.86224 1840.65 
 14 0.87111 1859.58 
 ---------- 1862.84 (1867.01 08/24)     
 15 0.87891 1876.22  
 16 0.88581 1890.96 
 17 0.89198 1904.12 (1903.07 09/01) 
 18 0.89751 1915.93 
 19 0.90250 1926.58 
 20 0.90703 1936.25 
 29 0.93444 1994.78 (1993.48 08/28) 
 36 0.94668 2020.89 (2020.86 09/17) 
 40 0.95181 2031.86 
 46 0.95790 2044.85 (2044.02 07/07)

First phase, 2nd Trough targets: (no change since 08/28/15, timing see note)
1854-1804-1784
1771-1705
chart: http://www.chartupload.com/images/48831330145277015582.jpg

Note:
Timing: according to Eric Hadik:
projects a subsequent low for Oct. 9/12th,
http://www.consensus-inc.com/002001i/knay1537/tech/0916tec-itt.htm

The running of the bulls will continue
By Avi Gilburt
Published: Sept 21, 2015 12:31 p.m. ET
http://www.marketwatch.com/story/the-running-of-the-bulls-will-continue-2015-09-21?link=MW_TD

Next, I want to note that this wave iv of 3 suggests that we have lower to go before it is completed. In fact, the ideal targets which seem to keep coming up though my multiple calculations are the 1737 and 1775SPX levels, with the potential to overshoot down to the 1694SPX level.