chart, page-214

musashi,

thanks for the chart.

You were beating your chest quite a bit last week, but you continue to avoid making a call.

We all know if the SP takes a dive that it's not good news and is likely to remain low. That really isn't an insight.


Make a call. Is it going up or down and by how much.
Get that right 100% my friend and you'll deserve all the credit due.

But you're not doing that. If it break higher, we go higher; if it breaks lower that's not good.

You're having a bit each way here and then looking to claim the credit whatever the outcome because you pointed out the possibilities.


Make the call. Which direction and by how much?


p.s. I like technical analysis as much as FA. They're both useful.