Replies to post #49707 on Short Term Trading Member Forum

[Oddlot]

Deva, take a look at FLD's for cycles of 72, 216, and 432 (FLD parameter of 1/2 length). Now we are in a box with the FLD for 216 on bottom, and those for 72 and 432 on top. At end of this week the box becomes very organized with the top side(s) declining to 3way intersection near end of next week, near 2760.

A rally that tops and declines back below 2760 by Dec7 would maintain the bearish posture. Maintaining a value over 2760 after next week would say this mkt is a bull.

Your interpretation??

Oddlot