Replies to post #7801 on ajtj99's Market Pulse

[ajtj99]

Syl, I think we fall hard into expiration, but the fall may be only a 50% re-trace of the rise from 1204 NDX.

I agree on the 1428. That's where 1316 would be the 50% re-trace off the 1204 NDX low. Above that we'd have to think COMP 2065.

FWIW, the maximum potential top for this run on an indicator Jeff uses is a bit under 2000 COMP. The sweet spot is around 1886, but anywhere from 1886 to 1946 would be in the ball park.

After that high, we'd ideally get a fast dump over the next few weeks to test 1640 COMP.

[Mustache Pete]

Syl, beyond September, what are your intermediate and longer term outlooks?