tag:blogger.com,1999:blog-12333088.post4734477104135727061..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on March 6, 2012Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-12333088.post-60268390132454421532012-03-06T13:19:16.981-05:002012-03-06T13:19:16.981-05:00Technically, 1350-55 was a big zone but (as
of 12...Technically, 1350-55 was a big zone but (as <br />of 12pmET) we have broken down through there. Next up is 1337, 1333, and 1327. Note <br />that the S&P has broken down through the 20day MA today for the first time since Dec (the <br />50day is 1321).Navhttps://www.blogger.com/profile/06774693125142705115noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-2002745759021771572012-03-06T12:11:25.632-05:002012-03-06T12:11:25.632-05:00Sorry, but I don't do Elliott!Sorry, but I don't do Elliott!Carl Futiahttps://www.blogger.com/profile/01624989905417650273noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-15279082457887711762012-03-06T11:50:56.673-05:002012-03-06T11:50:56.673-05:00Today, IYT/TRANSPORTS violated the EW rule of wave...Today, IYT/TRANSPORTS violated the EW rule of wave 4 entering wave 1. Since you are counting on S&P moving into 1400 area this year, what wave count do you have for the S&P? I, of late, started reading your daily forecast. You are creditable...my best to you.macabeehttps://www.blogger.com/profile/12370568641888745898noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-33533939281083932122012-03-06T09:17:46.732-05:002012-03-06T09:17:46.732-05:00Still watching 1350-1355 in the S+P
500 as being ...Still watching 1350-1355 in the S+P <br />500 as being important short term support. The biggest problem is the breakdown in the <br />Russell 2000 (RTY) below 812, the three week range low. The SOX has a similar break below <br />416-418.Navhttps://www.blogger.com/profile/06774693125142705115noreply@blogger.com