Replies to post #14658 on *~1Best~* Market Timing & Trend-Signals

[*~1Best~*]

Markets pulled back from the noted resistances: SPX 800, Qs 30, Nasdaq 1500, DOW 7500

Hope you are enjoying the weekend - it's beautiful day.

Markets are at resistances: SPX 800, Qs 30, Nasdaq 1500, DOW 7500.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36383805

[*~1Best~*]

Markets rallied 20% since the SPX 666.79 reversal to SPX 800 resistance. Bearish scenario is that SPX will be trading to near SPX 600 forming wave 5 of 5 of 5 since the bear market started in Oct 2007. I don't see any selling pressure to confirm the scenario yet.

Markets traded to resistances: SPX 800, Qs 30, Nasdaq 1500, DOW 7500.