Posted by marketguy on 19th of Jul 2011 at 10:31 pm
johnsa,
obviously nothing is certain but here's where I think the path
"may" lay....posted it last week...
a break below the purple arrow would put 1400+ in doubt (a break
below the red arrows would all but kill the idea of 1400+)....
however, until then that's my preferred path ("hopefully" after
1 more decline to the rising uptrend line)....of course, the
futures tonight have a completely different plan in mind....
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Why are you so confident
another....
Posted by johnsa on 19th of Jul 2011 at 10:26 pm
Why are you so confident of the 1400+ thing? Is it based on technical reasoning or some other scenario?
johnsa, obviously nothing is certain but
Posted by marketguy on 19th of Jul 2011 at 10:31 pm
johnsa,
obviously nothing is certain but here's where I think the path "may" lay....posted it last week...
a break below the purple arrow would put 1400+ in doubt (a break below the red arrows would all but kill the idea of 1400+)....
however, until then that's my preferred path ("hopefully" after 1 more decline to the rising uptrend line)....of course, the futures tonight have a completely different plan in mind....