Replies to post #2500 on 123Tom's TA study group

[123tom]

$SPX charts

basic view with

Bollinger bands
200ma
50ma
20ma



and with Ichimoku cloud...



...and then I went crazy and drew the whole geometric picture.
but maybe the video will be interesting to see it deconstructed





video ,removing the lines
I mentioned the pullback to the 2070 area,mistakenly saying 1270,I meant to be saying 2070.

I think the timing is heading toward the end of June,if the 2180 target is reached at that time its a danger signal.The chart looks safely crafted to hold the pullback at 2000 area,the 50ma at 2020 area, the central zone at 1975 area...you have the zone 1975/2000/2025 as a nice looking pullback zone. and topping zone area 2135-2175-2180-2200-2220-2280

From the Bottom at 1810 to a top at 2210, you get a pullback middle at 2010 right where the happy and safe target area is at 2000 area.
video
http://screencast.com/t/NmGG51uPRhS