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Strategies & Market Trends : Point and Figure Charting

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From: Fintas1/3/2018 3:27:54 PM
1 Recommendation

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Ms. Baby Boomer

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SPX .. it can only go up. OR so some thing.

Cept sooner or later this 97.2 VB is going to kick in. Whether it happens at 2721 ish will soon be determine.

Yet as stated for a long time that will require 3 x 97.2 points.

The bigger issue is the downside will be greater because the RISE was excessive. I don't expect straight down. I do expect a stair step down.

What triggers it one day will be understood just as we understand what triggered the upside.

Yet in the end if you look at this chart and do not say to yourself.. WOW.

Then ya probably thought CABBAGE PATCH DOLLS were a steal in the 100's. NOT

Fintas

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2721.6 2721.6
2624.4 B2624.4
2527.2 A2527.2
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2235.6 C2235.6
2138.4 72138.4
2041.2 B2041.2
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