response to ninelives, page-8

JA
Thanks for that

I thought SP low would be last night or thursday night as posted, however i was not impressed with under 1320 but 1318 i think was a support. 1329 was to me where it should have pulled up but in saying that sentiment is in the wrong corner.
I think for bullish bounces, it needs to stay above 1298, and i guess that will be determined next week. Below 1298 might become nasty.
The big keys for US i think could be whether the Triple bottom on the XLF holds. And the 2nd being OIL, where i do think a hard sell could happen shortly - my main reasoning there is that the 135 number is right in the middle of the range at present. 135 is such a decisive number for me and the push away from it might be hard. For world economies i hope im right on that one.

Back home, flat with a bit of nasty thrown in,or a massive leg up after this low locks in. Preference and thinking is bullish after this low locks in. And i thought thats was last friday however i think that might be lost come monday.

I have had this chart for a bit and just amazes me how it continues to pan out over time. They say we are a few years behind americans

Have a good night all

PS the numbers are ranges not Elliot Wave