Replies to post #57529 on SPDR S&P 500 (SPY)

[learningboutinv]

Watch the upper line of the 60min downtrend channel on the $NDX. We could possible go back up to tag the top/upper trend line of the DT channel, with a possibility of breaking up and out of the 60min bull flag.

[youaretheone]

IMHO: These are refersal points to look at. These bottoms will hit friday and the refersal will begin on same day or Monday. When monday hits it's going to run all the way till August 28th. In brakets are where the highs will be set for next run.
Dow Jones 11328-11406 (12187-12500)
SMP 500 1265 (1343.75)
Oil 118.75-121 (down to 100-106.25)
JPM 32.81 (42.19-43.75)
C 15 (21.25-25)
GS 156.25 (192.75-196)
Mer 21.25 (37.5)
Gold runs to 843.75-850 (bottoms at 781)
Usd comes down to 75.78 (tops out at 77.34-78.125)


Take it, leave it, watch it, don't forget to praise me if right. I will be the first to say i was wrong, but don't think i will be.