The New CS Board

[dindindon]

09/28/15 SPX at critical juncture

- No new update, just a reminder.
- See red colored highlights

- session low 1902.85 Ongoing
- Fibonacci projection 1902.38, see bottom chart

review:

 
 - 08/09/15  
 - The (active) retracement coordinate 
   is 1560.33 (root) and 2134.72. 
   0.3820 @ 1915.30,  
   0.4045 @ 1902.38. 
 - I mentioned 1905 couple times in Q4/2014.  
 - an old chart gives you an overall picture 
   http://www.chartupload.com/images/99280192870917928554.jpg 
  
 - 09/02/15  
 - daily closes below these levels (1915-1902)  
   to signal a new wave down is unfolding.  
 - the way to use Fibonacci series: 
   (1) set up multiple initial target zones  
   (2) and then zooms in the corresponding Fib points.  
 - 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:  
 - Stock Indices Confirm Sept. 16/17 Cycle High… 
 - Drop Into Oct. 6-12 Expected. Sept 28 Ushers In Key Period! 
 - http://www.consensus-inc.com/002001i/knay1537/tech/0923tec-itt.htm