Attach are 156 min candles with top 4 lines are the perfect stop loss(
tm)
the level where you add to shorts is on right scale
bottom indicator is
long term trading
it has an official sell
(going from above top line to under it)
there is also a bearish divergence, as prices went above the selling
price signal but,, long term trading did NOT make a higher high
nice shorting
Ben
sos timing service
----- Original Message -----
From:
"Roy A. Fellars"
Date: Monday, April 27, 2009 10:10
am
Subject: [TimeandCycles] spx update
To: "TimeandCycles@xxxxxxxxxxxxxxx"
> Good morning. The opening salvo this
morning may have made a
> short term bottom. We landed on the 38.2%
retracement line on
> the 835 low on the 23rd and bounced from there.
Taking this as
> a day trade with a close stop because I think we've
either ended
> the
> b wave from April 1st or, one more move to
the 877 area spx will
> do it. This morning's waves suggest the
latter.
>
> Roy
>
>
>
>
>
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