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Re: Oddlot post# 48976

Thursday, 10/05/2017 10:54:27 PM

Thursday, October 05, 2017 10:54:27 PM

Post# of 51779
Deva, not only have we exceeded the target for the 7.3yr cyclic top, but the classic nested cycle top is forming using the 72/36/18 day channels which comverge here at the 254-255 area SPY. Also, price is now almost 3 std dev above the 20week ma. Usually the 2 std dev level is an excellent exit point, and that was no resistance at all. Next TL break short term should be the best LT short in 10 yrs.
Oddlot

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