Replies to post #131267 on ajtj99's Market Pulse

[rimshot]

SPX 960 horizontal and approx. t/l value is possible.

and 968 is the 50% retrace of last week's price candle

[astroguy]

ajtj..any thoughts on CETV bounce to be played? thnx

[challo]

aj,

per your Friday comments to opie -

Well, the 1929 crash pattern would have us hit about 815 SPX today, close at about 850, then move up to back-test 960 on Mon/Tues.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32776505


"Consolidation days" indicate (to me) a pause then continuance of the up move. Where does that tie into your comment to opie?

Some traders I follow think we have retest of bottom (maybe a couple of retests), a choppy move up towards April, then the unimaginable happens . . . .