Replies to post #13825 on Short Term Trading Member Forum

[airedale88]

frank, about 1 pm today i posted this on a different board.....

preliminary projections for the 10 wk cycle are SPX 1260 +/- 6 pts, NDX 1650 +/- 10 pts, and RUT 695 +/- 5 pts. need one more day for confirmation but i consider it a high probability.




depending on tomorrow those #'s may shift a bit.

[Chuck703VA]

Frank, how do you read this....on SPX and DJI I see us in wave C3 of ED5 to finish the large ED up from April. Going to new highs and then we get some reaction.


PS Frank....re Golf. My son unable to take off any day this week. We may try for a nine after his work either Wed or Friday probably the latter. I on the other hand can handle Thursday morning....will that work?

[mrusa1992]

frankp3 - NDX is much harder to read since it does not follow hurst methods very well, that's my opinion, but was thinking hard rally to 13th or 14th to NDX1643, a one or two day retrace then it cranks higher to 1680 zone around mid Sept.

RUT was dead on with model today. Let's see if we get a retrace tomorrow to 670ish. RUT is at the 10wk FLD at today's close.