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[RT] 1050 by 8/31 on sp500



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for the last 10 buss days volume distribution continue
(not today)
and the running total
(similar to  summation index)   is making almost daily new lows
this up in price (dead cat bounce) has max upside of 1262.4 on closing basis and intra day hi max of 1278
all my cycles are pointing to a low  between  8/28-8/31
which by the way is also the swing machine weekly low from our famous Clyde Lee
hope this helps
Ben

Ben,

What is the basis of this call your making?  Certainly it not based on your usual oscillator stuff as that does not allow for such.

 

as volume now points to 1050  in 4-8 weeks

nice week end

Ben

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