Replies to post #96180 on ajtj99's Market Pulse

[teaparty]

Yip....top could be in but I have a tough time counting any 5 down yet from the high on the 18th. We have a nice three drives up with divergence on the daily so I guess anything could happen but from a chart stand point....another high would look much better.(but this isn't a beauty contest) The other point I'd like to make is that the .618 retrace back to all time highs is soooooo close on OEX that I feel it just has to be tagged...if oex made it to 670 it would put spx at approx. 1438.50 and would give throw over on the daily....and finish the last small "c" to finish 5 on the hourly.If ED..target is a least down to where she started...in the 1360 area.
Hourly:
http://www.tradingthecharts.com/phpBB/BB_upload/spx_hourly303.png

Daily:
http://www.tradingthecharts.com/phpBB/BB_upload/spx_daily309.png

1 minute:
http://www.tradingthecharts.com/phpBB/BB_upload/spx_one_minute.png

[bobjack]

farooq, JOLLY GOOD Forecast,
i know you make some boo boo's, but you make far more good calls.
hope ners is keeping straight in the short term too,
bobjack