Replies to post #111050 on ajtj99's Market Pulse

[anyer1]

I see now you were using the March low to get the 670.

[teaparty]

The .618 retrace is 670, what .786 retrace are you talking about??...the .786 retrace back to all time highs is 747.65.
There is a TL drawn from the 2006 summer lows through the August lows that comes in at approx. 660/61 this month.fwiw
http://stockcharts.com/c-sc/sc?s=$OEX&p=M&yr=10&mn=6&dy=0&i=p64563085367&a=71542656&r=2447