tag:blogger.com,1999:blog-12333088.post6232248050016315001..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on May 16, 2012Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-12333088.post-62416251773375922772012-05-16T10:39:20.802-04:002012-05-16T10:39:20.802-04:00Hi Carl
Im just noting the transports which have s...Hi Carl<br />Im just noting the transports which have so far managed to hold the sideways pattern that both the spx and the dow has failed to do . so far we have 5 reversals which may count as points 15 through 20 <br />looking at the oversold readings it is possible to consider the dow at point 20 also yet it does take some creativity to see it .the dow counts better as point 18 or point 16 yet ill give this possible point 20 some merit as long as we begin to see some strength soon<br />as for the spx weekly from an Elliott wave perspective , wave 4 probably complete or nearly so <br />wave 5 could be beginning . they both dove tail .<br />Just my thoughts<br />JoeAdsensehttps://www.blogger.com/profile/08031892140855200123noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-23500880773200434782012-05-16T09:11:03.887-04:002012-05-16T09:11:03.887-04:00end of the drop!
greatend of the drop!<br />greatAnonymoushttps://www.blogger.com/profile/18113215404417530092noreply@blogger.com