ETF projections - SPY, QQQQ, DIA

For a fun time I took a look at the massive H&S on the index ETFs.

Rough/eyeballed downside projections are:

DIA 10200
QQQQ 31
SPY 106.3

:)
 
Also GLD almost touched its downtrend line from Mar 08 today.

This should be interesting already 5 waves up from 2001 to 100.
 
Huge double top breakdown on the RUT target 550 if it holds.

Gold looks bad could go to 650 on this round unless it can break that down trend line.

Deflation. Realize.
 
DIA / SPY targets met. :D


Quote from W4rl0ck:

For a fun time I took a look at the massive H&S on the index ETFs.

Rough/eyeballed downside projections are:

DIA 10200
QQQQ 31
SPY 106.3

:)
 
Open 10/3 638

638-550 -> 88 / 14%

Chart patterns definitely do not work. :D

Quote from W4rl0ck:

Huge double top breakdown on the RUT target 550 if it holds.

Gold looks bad could go to 650 on this round unless it can break that down trend line.

Deflation. Realize.
 
QQQQ target hit.

9/19 open 43.82 -31 -> 12.82 or 30%

Not bad. Too bad chartpatterns don't work. :D

Quote from W4rl0ck:

For a fun time I took a look at the massive H&S on the index ETFs.

Rough/eyeballed downside projections are:

DIA 10200
QQQQ 31
SPY 106.3

:)
 
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