If my 'right shoulder' scenario

    Posted by matt on 22nd of May 2009 at 11:13 am

    If my 'right shoulder' scenario is going to play out on the SPX, it will likely take to the afternoon or late afternoon to do so,

    SPX

    Posted by whistlebear on 22nd of May 2009 at 11:26 am

    Hi Matt:

    so SPX 897.5 target may still be in play? Befor a big turn down

    THANKS

      Howevere....there is a 15 min

    Posted by matt on 22nd of May 2009 at 11:22 am

     

    Howevere....there is a 15 min timing high right in here for the ES in here based on Fib timing windows, so could get a pullback in there

    Matt, That might set Wave 4

    Posted by cspirit on 22nd of May 2009 at 11:26 am

    Matt,

    That might set Wave 4 down before final push into PM of Wave 5 up to complete.

    I see SSO

    Wave 1 up from yesterday 24 to morning open near 24.60

    Wave 2 down 24.60 to 24.25 ish

    Wave 3 up 24.25ish to 24.88

    Wave 4 down 24.88 to ???

    Wave 5 up ?? to 25.20 ish ??

     

    Matt - Do you agree?

    Not sure but looks to

    Posted by cspirit on 22nd of May 2009 at 01:08 pm

    Not sure but looks to me on 15min. chart of SSO that Wave 5 push up is trying to get started.

    nope false move

    Posted by cspirit on 22nd of May 2009 at 01:14 pm

    nope false move

    SSO

    Posted by airstream on 22nd of May 2009 at 01:13 pm

    I agree   C    I bought SSO     late yesterday @ support @ 24.06 and my target is the gap fill at 25.19 

    yeah remember I said, my

    Posted by matt on 22nd of May 2009 at 11:34 am

    yeah remember I said, my ideal scenario woud be for a pullback in here, but then another move up again intra day.  AGain that may or may not happen,

     

    and for today, well I'm not in the mood for trading, I'm ready for the long weekend!! Let's get this damn day over with

    Maybe a sign to quit

    Posted by srleblanc on 22nd of May 2009 at 12:36 pm

    Maybe a sign to quit early...no power here (11:30pm) and trading by candle light with laptop and backup battery for Internet - LOL

    Matt, Lucky for you about ready

    Posted by cspirit on 22nd of May 2009 at 11:38 am

    Matt,

    Lucky for you about ready for the weekend ...  I get to spend it with my in-laws and extend in-law family at the Lake.  There doing a mini- family get together.

    It cannot be 5 o clock somewhere soon enough ....

     

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