weekend charting, page-4

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    LuckyV

    The 911 sequence of always green was broken last night. As i mentioned elsewhere yesterday i was using friday to lock in some profits and tighten stops.

    Thats the updated SPI chart since i have shared from June/July, at this stage its been a good road map.
    It needs a correction/retrace soon to keep it healthy rather than going straight up. Thursday was 60 degrees from the july low so its always a good spot to add a little caution.
    So if Friday was a short term top i would be looking for sideways to lower into the 21st Sept before a final move as per chart.

    Photobucket

    Please understand this is just a road map and nothing says the market cant keep going up here and partly the reason i prefer stocks as there always be opportunities :))))

    Ill look at a few charts and sectors tomorrow, today is hectic here.
    And the footy, Lions gone and the Sea Eagles :((

    Regards
    Rob

 
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