then I'm gonna take a day off
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S&P 500 long term perspective
- Thread starter m_c_a98
- Start date
<IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=218382>
Break zone on monthly scale at 757.57 theorically on my model (label in cyan color) . At the moment we have just bounced from the bowl of 789.43 theorically with the low we made today. Be careful the number on monthly scale are much less precise than for intraday. And I don't follow SP but Dow so it's just to give an idea of the next target at 588 if 757 is broken.
Break zone on monthly scale at 757.57 theorically on my model (label in cyan color) . At the moment we have just bounced from the bowl of 789.43 theorically with the low we made today. Be careful the number on monthly scale are much less precise than for intraday. And I don't follow SP but Dow so it's just to give an idea of the next target at 588 if 757 is broken.
Quote from m_c_a98:
updated.
Attachments
Quote from klutz:
All these predictions are nonsensical................what's the point?
1.prediction (pr-dkshn) n.
Something foretold or predicted; a
prophecy.
2.observation (bzr-vshn) n.
The act of noting and recording
something, such as a phenomenon,
with instruments.
Just because you do #2 doesn't mean you're doing #1. If you don't understand the point of #2 then I'm not sure you'll be able to understand very much at all.