Posts by "georgebensonoldgrey"

platinium having its support on MM55 at 1713
i keep my projection of 1450 by year end.

subbie
do you opt out1.35 for 2013?

dave from the top at 87.11 on hour basis, we will have 61%eprcent retracement even a symmetrical position at 100%. ashraf position of few weeks comes in late but will happen after the termination of major wB for Wave C.
SPX made its major support at 1397 on a hour basis the 25th so NPF will it move quite importantly.
on a daily basis from the top at 1465 the 14th we drawn a ABC formation till the 1397 mark.
by next one scenarii is a daily close between 1404 and 1410 and then we can recalculate the major support.
i keep my view on a bullish scenario for 1545 by year end.

i got it wrong on SPX. five impulsive not terminated .
when terminated the 50 percent retracement will be on 1436

yes daveo 1.26 on 61 percent retracement fibo.this rebound was the result of attentism from the ECB side and the EU minister conference.
Major support at 1.26100 for a big bounce back to 1.34500. so 800 pips not bad for three months trading.
as for CL this erradic move since the 91.25 might indicate us a complex corrective pattern in 3 3 5 before retesting the 93/94 upper bound range.