Hi w/end chartists; nice thread underway here. I thought I would open with an update of a post I put on xjo during the week re upcoming fib resistance lines that IMO we should all have in our minds. (Post: 6338377)
Hi All Don't often post here but lots of talk of a reversal & even though been mentioned before just thought I would show chart of 2 very important fibs IMO that are days away.
Over many years I have learnt to trust my gut feel (not very profitably I might add!); "when markets don't feel quite right something usually happens .... & this market don't feel quite right"!
XJO. (GJ update: closed Friday 4936.70, only 40 points or one good spike away from our fib; weekly spike high on 10 min chart was 4952.5 ..... Defs look for that 4977 next week; keep tuned Monday)
& SPX ... I find it amazing that we are about to challenge the 76.4% fib ... seems it was only yesterday I was talking about 50%??
(GJ update: closed Friday at a rally high of 1343.0, only 18 points or one good spike away. Defs look for that 1361 next week; keep tuned Monday)
Volt: I think you are attributing Ben and his fellow clowns with intellect (& powers) that I fear they do not possess. 50% of a broken economy is no better than 50% of a less broke one. LOL (or is that cry ol?) Just had the urge to share! g
