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Posts by "citiboy"

21 Posts Total by "citiboy":
20 Posts by member
Citiboy
(London, United Kingdom)
1 Posts by Anonymous "citiboy":
Citiboy
UK
Posted Anonymously
13 years ago
Sep 4, 2011 21:49
Dave can you please explain what the retracement levels will be on the S&P the following as far as possible? Do you have a chart? Would I be right in thinking downleg to 1080 S&P cash with a retracement up to 1135-1153

'We are now seeing the early stages of wave 5 down to a lower low, this would take the form of 5 waves within and once finished we would expect to see a multi day retracement back up to about the 61.8% to 78.6% of the entire move down. Following that the next move down would be very impulsive and will likely trigger much higher gold prices. All subject to confirmation as the structure develops further

Naresh