InvestorsHub Logo
icon url

Wrinkles

03/13/15 9:58 AM

#34956 RE: SwingKing #34945

Why would you think a pullback almost all the way to bottom of the move? S&P hit bottom near what? 2040 area, wouldn't be bullish to give all that back and go back to 2045 area? How do you get to 2100 by giving up all of yesterdays gains again?
icon url

SwingKing

03/13/15 10:03 AM

#34957 RE: SwingKing #34945

ES bottomed at 2028 and topped at 2061, a pullback to 2045 would be 50% and exactly what you'd expect to see.
icon url

Metacog Drivel

03/13/15 10:22 AM

#34961 RE: SwingKing #34945

Nice, that was a very accurate call.