Squawk / 11 October 2016 at 20:16 GMT
On the SP (US500.I) closing price of 1 828 stands in 360 degree relation to 2 186 indicating a heightened risk of a complete cycle from the Feb 11 lows. Also 2 186 and thus 1 828 is at almost 180 degrees with 666. Pivots outlined in the chart below could and should work as resistance and support.
12 October
Treve Treve
Johan - Should we sell our portolio's ?
12 October
Johan Berntorp Johan Berntorp
Price is one thing time is another. Even though time has aligned to signal a pullback I can't find solid enough evidence of a Major reversal. I think we might be able to reach 2002 or 2050 and a proper signal of that would be given below 2118 but the bull trend in large is intact as long as 1828 holds. So it all depends on the time frame. Short term things look dire, longer term much better.


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