Neon

SPX Reagan Scenario Nov 2016

TVC:SPX   S&P 500
184 6 4
2 months ago
Up up and away
2 months ago
Comment: Working very well and approaching the zone
2 months ago
Comment: In 1980, it took 18 days from Friday before elections to make the swing high, so by analog comes next week
2 months ago
Comment: Spot on
2 months ago
Comment: Distributive phase has started yet again

Related Ideas

Neon
SPX Roadmap Dec 2016
Neon about SPX 2 months ago
ahmetnmsl
2 months ago
Hello.whst s your final up target ? Thanks
Reply
Neon ahmetnmsl
2 months ago
@ahmetnmsl, I think we have entered distribution so any potential higher high (>2214) will be marginal
Reply
ahmetnmsl Neon
2 months ago
@Neon, hello.thanks for the answer but distribution phase means corrective/shorting phase ? Sorry for the lack of knowledge.
Reply
Neon ahmetnmsl
2 months 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
2 months ago
@Neon, Thanks. in your chart above, C point nearly corresponds about 2222, right ?
Reply
Neon ahmetnmsl
2 months ago
@ahmetnmsl, Actually is a range between 2213 to 2230, so lower bound has been achieved as 2214 is the current high
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out