CHARTS_CCI_SYSTEM

[dindindon]

11/09/15 SPX

review

10/08/15
- Bull has a pending High target 2213.50
- So far, 2213.50 remains a pipe dream for E-wavers.

08/09/15 08:51:00 PM
link
Anthony Caldaro projects his wave P5 will bring the SPX to 2530-2630 by Q1/Q2(2016).
( https://caldaro.wordpress.com/2015/08/08/weekend-update-512/ ); IMHO, the chance is slim. Tony is a technician, he flips side quickly too

Status ( italic fonts: quote Tony Caldaro )

- Primary V is currently underway from the August SPX 1867 low.
- The “favorable” 2085 for Int. iii or Major 3 of Primary V got lost
- perhaps, Int. ivi or Major 4 has commenced
- Bulls ate an iron ball, they still stay “calm” and think Major 5
- of Primary V will duck them to new ATH, minimum 2214-2219
- imho: “new” ATH 2150 +/- , so what.
- let’s see

session low 2070.83, ongoing. it is barely holding the lower rail 2069.93 for zone 1 ( 2069.93-2130.46)

EDIT: now 2069.93 gives away.

One may interpolate the zone (2047.41 - 2069.93) and comes out supports as: 2061.32 (0.382), 2058.67 (0.500), fine tuning is required after index shows more trails

03/14/15 03:09:01 PM