sorry but i have to disagree...no t saying we'll get to 845 or not..thats just a near term target...for an expected nice orderly pullback...becuae this rally was as pretty as i've seen in a long long time...
and as for terminal ramp job?..we could see that this week, but i am saying here that what ever that top is, we'll exceed that this summer by a large margin based on the main P&F BP's...
when we get overbought at the tops of what you're talking about, all thats going to happen is we'll get a pullabck...thats all..it's not death and destruction Ajtj..thats the mistake most are making, just because we top out soon, so what?...
i think many TA folks are trying to disect these charts to fit there own bias...to me thats a big time negative...
i'm a TA trader, but i really try not to be overly technical...heck, i say what is...is
people cannot for the life of them understand what happened to the VXN & VIX??? really who the hell cares what happened...
just another indicator that gets skewed to one side or the other...will they bounce? of course... but again so what?
i am looking forward to seeing and watching where we retrace to, and where we reverse up from...i have the numbers...and i'll be watching the indicators that have meaning to me and my style of trading...