correction getting much closer now., page-95

Unfortunately ta has so many different parts to it and we all read the same charts but see and trade it differently .

ie; We have a duplicate up range on spi and the same up points on xao with the last 3 green bars . This implies a gap down or major sell down tomorrow , with the low on xao today within a few points of being a mirror image of 5/6/2007 .

We have also put a top in for June on the first trading day /days where in an uptrend u like to see the monthly lows at the bottom not at the top .

But xao did hold the weekly 10 ma in the first week after a high and the 2nd week did go lower but was rescued with a higher weekly close ,implying it should of been the end of a 7 week consolidation pattern and we should be doing the next 7 week up leg .

But if u view xao monthly we have never put in more than 10 months with consecutive higher closes , so xao should close June below Mays close if only by 1 point .

Now how do u determine from all the above where spi will close for June on the 21st or where we'll be in 3 months ?

As a clue the Japs closed on their highs at expirey , POMS did the same and France was close , same for all Yank indices but the problem is we've done to much using percentage calcs from June to June so can we do a last gasp to 6400's or will the nasty's settle for a 6300 spi close tomorrow/Wednesday .

Place u'r bets girls and boys as it is a stinken big battle but agap down on spi tomorrow means or implies we'll do another duplicate range down to the last one .

ge