Replies to post #14883 on Short Term Trading Member Forum

[airedale88]

belt, "the 10-week low will not be a lower low?..."
on the SP500 the 10 wk fld projection was approx 1186 +/- 6 pts which was overshot already, even though we still have about 2.5 wks to go. 6/7 day and 2.5 wk cycle flds suggest (crosses have not occurred yet) a rally back to possibly 1210 +/- 4 before the 10 wk low is due. i think there is a good chance, too soon for confirmation, that the 10 wk low may be a higher low.