Hi Bubwell
As always enjoy the work you do so thumbs up from me sir.
re spx; like that chart; just love it when someone posts a different view of something I have been assessing. What smacked me in the eye looking at your chart was the inverse head and shoulders that defined the major lows of 2002 and 09. Not sure i had noticed that before.
I am keen on that 1228 level as already posted on this thread. I am not sure whether it is the red wine (a 98 wynns black label; very nice thanks very much!) & whether it should be obvious but can you explain;
1. the time count on those vertical lines?
2. how do you draw those lines in PRT? I find prt a bit restrictive in this regard & tend to use the fibonnacci time zone tool which is certainly not what it is designed for. Is there a better way?
3. what is the basis of the red arrows and yellow blobs?
Keep up the good work.
G
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weekend charting 04122010, page-47
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