response to ninelives, page-7

Robbb

As you know, I have made dozens of posts about anticipating a low hitting next week. If we don't see major panic capulation selling, the long term trendline of the SPX may hold up.

At my anticipated low of 25-26/6, that long term trendline sits at about 1295. The bottom on the boll. band on the weekly is at about 1290. The downtrend channel from the mid May high is at about 1299.

Re: map for the coming month - that's my homework for this weekend. There's a bounce coming but more weakness into the end of July. Until I've done my homework, I just don't have a clear picture yet - but it seems we're repeating cycles at the moment.

And what about you - not fair to throw so many leading questions and not post your thoughts. :)