S&p

[Steve Griffiths]

Hi Everybody

It has been nice to see the US markets (S&P Index) behaving nicely over the last week or so.......

Notice how the high of May 19 came in right at the minimum Wave 5 WPT. with a red (sell) bar nailing the actual bar of the high......... :)

The "initial target" form here is the Wave 1orA WPT from the prior Wave 4 low......... and guess where yesterdays rally started to unfold from ;)

Steve

[Steve Griffiths]

Hi Everybody,

As an update to my last post.

Although we did get a minor rally from the prior DP support zone, the rally was only minor........... As you can see from the chart below, we have since continued on down and have almost reached the next DP support zone........

Steve

[Steve Griffiths]

Hi Everybody,

Well the last minor DP support zone did not hold, and the S&P has continued to decline and has now reached the main DP support zone, taken for the prior March lows......

Lets see if we get "at least" a minor rally from here ?

Steve

[Steve Griffiths]

Hi Everybody,

Well the last minor DP support zone did not hold, and the S&P has continued to decline and has now reached the main DP support zone, taken for the prior March lows......

Lets see if we get "at least" a minor rally from here ?

Steve

Hi Everybody,

Well, it was nice to see how the prior DP support nailed the very low, and we have been rallying nicely since.

Notice how I posted the prior chart on the "very day of the low", so no hindsight at all ;)

Steve

[jjc]

Hi Everybody,

Notice how I posted the prior chart on the "very day of the low", so no hindsight at all ;)

Steve

now we're talking - this is what we've been wanting

good job !

j

[radar]

Hi Steve,

Is it possible to get larger pictures in the attachments to posts in the forum? Many times the pictures are too small to read the text that has been added to them.

Thanks,
Ben