Neon

SPX Reagan Scenario Nov 2016

TVC:SPX   S&P 500
179 6 4
a month ago
Up up and away
16 days ago
Comment: Working very well and approaching the zone
15 days ago
Comment: In 1980, it took 18 days from Friday before elections to make the swing high, so by analog comes next week
9 days ago
Comment: Spot on
8 days ago
Comment: Distributive phase has started yet again

Related Ideas

ahmetnmsl
8 days ago
Hello.whst s your final up target ? Thanks
Reply
Neon ahmetnmsl
8 days ago
@ahmetnmsl, I think we have entered distribution so any potential higher high (>2214) will be marginal
Reply
ahmetnmsl Neon
7 days ago
@Neon, hello.thanks for the answer but distribution phase means corrective/shorting phase ? Sorry for the lack of knowledge.
Reply
Neon ahmetnmsl
7 days ago
@ahmetnmsl, Distribution means rangebound before decline. But range could be large (could make marginal new high) so if one is short term (day to day trader) could still make money. Bulls energy in my mind has been largely spent short term
Reply
ahmetnmsl Neon
7 days ago
@Neon, Thanks. in your chart above, C point nearly corresponds about 2222, right ?
Reply
Neon ahmetnmsl
7 days ago
@ahmetnmsl, Actually is a range between 2213 to 2230, so lower bound has been achieved as 2214 is the current high
Reply
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