Interesting, the M3 Switch turned red today, that's an
intermediate indicator located in the
Long Term Tools section. Now realize the market pops up again it will go
back to green, just letting you know. The last time it went
green was SPX 1076, or about 70 points SPX points ago.
Thank you Matt. I was hoping that we would get a
M3 Switch advisory. I understand that
it's "iffy" at this point but it would coincide with the
Bradley turn date that occurred yesterday, as well
as the EWI report last night mentioning a possible turn
between Oct. 1 and Oct. 4 +- a day. Even Hochberg
acknowledged that those dates may not be effective but time
tools are fun. Hope everyone whas a nice weekend.
p.
M3 Switch
Posted by matt on 1st of Oct 2010 at 01:45 pm
Interesting, the M3 Switch turned red today, that's an intermediate indicator located in the Long Term Tools section . Now realize the market pops up again it will go back to green, just letting you know. The last time it went green was SPX 1076, or about 70 points SPX points ago.
anyway can't wait to get this day over with!
Is there a price level
Posted by jdaswani on 1st of Oct 2010 at 02:07 pm
Is there a price level on the market that would switch it back positive? can we please get another update before the market close today.
thx
yes I don't know what
Posted by matt on 1st of Oct 2010 at 02:26 pm
yes I don't know what what price would make it go positive.
anyway don't trade off that, it's an indicator, it's a market guideline
Thank you Matt. I was
Posted by Peridot on 1st of Oct 2010 at 01:59 pm
Thank you Matt. I was hoping that we would get a M3 Switch advisory. I understand that it's "iffy" at this point but it would coincide with the
Bradley turn date that occurred yesterday, as well as the EWI report last night mentioning a possible turn between Oct. 1 and Oct. 4 +- a day. Even Hochberg acknowledged that those dates may not be effective but time tools are fun. Hope everyone whas a nice weekend. p.
re: gann date time frame--
Posted by parkridge77 on 1st of Oct 2010 at 02:03 pm
re: gann date time frame-- POMO also scheduled for 10/4 & 5-- which can bias market, too
otherwise the market appears to
Posted by matt on 1st of Oct 2010 at 01:52 pm
otherwise the market appears to just be triangulating out via the 5 min chart, energy building