CapitalHubs

Close To The Market Peak (edited)

SP:SPX   The S&P 500 Index
1153 1 4
After markets reached multi year highs many investors are nervous about future gains. On the base of one old and forgotten method used by Nikolas Darvas we have pretty accurate tool for timing and target setting. So called Box trading system is a bit justified compared to the original one and uses the 200 day MA breakout as buy signal.

The chart suggest that the boxes have relatively equal height and duration. So if the pattern is to be repeated again calculations show that the target of 1553.43 should be reached at Feb end or beginning of March, some 20 days from now.

For more http://www.capitalhubs.com
Best CH            
nice chart, my CLONING method is related somewhat to Darvas boxes
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out