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Re: [RT] SP Futures Weekly



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----- Original Message -----
From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, September 10, 2001 7:44 AM
Subject: Re: [RT] 1929 Comparisons


> Attached is a AGET S&P chart showing one of the fib expansions I mentioned
> below (I see that level held all of about 8 hours in the night session).
>
> Five waves are in now on the S&P chart so the pattern for the moment is
> complete and now it should seek out a price target. If one looks at the
> internal count of this wave 5, the current minor wave 3 of wave 5 is
> unconvincing. A quick check of the 5/17 oscillator (very bottom of the
> chart) it indicats the current lows are more likely the minor 3 (depth of
> the oscillator is deeper on the minor 5 than for the minor 3). If so,
Ben's,
> BobR ect rally when it starts could be the real minor wave 4 of wave 5
that
> will preceed the next minor wave 5 of wave 5 down?
>
> In June/July  I posted a similar chart to this one with the same MOB (Make
> or Break) target levels. At that time they did not look reasonable as
> targets, but now we are within 100 points of them?
>
> It will be interesting to see if this is where we are headed ultimately?
> don ewers
>
> ----- Original Message -----
> From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, September 09, 2001 9:16 PM
> Subject: Re: [RT] 1929 Comparisons
>
>
> > No idea on timing here but some old fashion fibonacci expansions from
> > multiple time frames, daily, 60min 15min and 5min all cluster
(confluence)
> > around 1080 to 1078, so my best estimate is a bounce from there, maybe
> Ben's
> > rally mentioned earlier?
> > don ewers
>
>
>
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