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Tuesday, January 12, 2010

S&P Trend Projections Jan 12th

Current S&P Chart showing 5-wave struggle higher:







S&P Chart 2006-2007 Showing same 5-wave struggle, then drop after option expire 15th:







Chart of 1982 5-wave, resolved higher then went into trade channel:








2003 Chart, 5-wave struggle, exhaust into high, choppy downward pattern:








When trading, it is best to have an expectation of a trend; then when the trend materlizes, we are able to capture maxium profits because we are confident in our purchase. The most important trend to anticipate first, is the broad S&P trend.

The charts above show possible outcomes for the current S*P 5-wave struggle higher.

1 comment:

  1. Hi.
    I would love to learn from you. My domain is in equity analysis and am currently trying to switch into trading. Let me know if following your blog can help.

    Thanks,
    Guy B

    ReplyDelete