XJO 0.81% 7,971.6 s&p/asx 200

hump day wednesday, page-18

  1. 142 Posts.
    VOLT,

    Based on Laundry's latest, a short term upside objective could be:
    If,
    a. The SP500 reaches 1063+9points for each week past 11 Sep, OR
    b. the ARMS ratio stays overbought (<1) for a few days, OR
    c. we reach end of Sep (right hand side of his latest T).

    None of these have been met yet and in fact the ARMS ratio moved into an oversold condition overnight while the market increased (v'bullish according to Mr. Laundry!). Any thoughts?

    tigga
 
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