The low's for now are in...may be a fake out to the bottome side but will only be worth one candle and then we beging the run up. imho. Thoughts? Dow, smp, financials?
Previously stated 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)