Replies to post #17440 on Zeev's Turnips Patch-No Politics (ZEEV)

[LG]

PS: I see the center point of the horizontal SRL as being the pivot low on 5/7 (1560.29), but 1550 is well with in a (+/- 20 points).

I do have a 50% rally projection at 1548.33 (new tool I am trying out), but I am looking for this rally to extend beyond both of the areas mentioned. Of course, the market is ever changing and the ultimate price action path will only be known for sure once it is in the past.

For now, I am looking for the Sept01 rally highs to come in to play in this rally. If so, I am expecting (but not a given) my models to be in positions to help me determine whether I expect those highs acting as resistance to hold or fail.

Regards,
LG