SPDR S&P 500 (SPY)

[leftyg]

Hi lbi....I have never been able to profit from price objectives..I do look at res/sup levels, and where there may be an expectation for a reversal..but the price objectives are mostly for a big picture look, and mine aren't accurate enough to make any trading moves.

I try to follow a trend..and like Yogi would say.."it's still a trend until it ain't" Of course, finding what you can follow to identify trends are where TA expertise comes in..and there are trade-offs between catching a reversal early vs. setting parameters so tight that you get whip-sawed to death. But trends have made me a good retirement living. Regards.