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Benjamin · 15-02-2005, 17:50

Vom gleichen "independent trader" Bill McLaren hier etwas zum S&P 500:

I’ve been saying the last low was a solid low. The only question in my mind is:

- will it stall at the old high or marginally above that high and start a choppy sideways pattern before the run to 1270 or

- will the index just go directly to the objective of 1260 to 1270 ?

Don’t misunderstand me, it is going to that objective. I am just not sure of the form of trend it will take to get there. My forecast called for a choppy pattern after a test of this high, followed by an exhaustion move up. So far the only thing the index can do is show one day corrections or counter trends. So support for this index is definitely present. I am still not sure of the "Pattern of Trend" that will materialize up from here.

Once the index gets up to this "obvious" resistance of the old high (only 12 points away), I should be able to forecast how this trend will be resolved. But for now, the move up shows no hesitancy with only one day counter trends in place.
Quelle: http://www.mclarenreport.com.au/yvs5...ult.asp?id=275

15-02-2005, 17:50	#1633
Benjamin TBB Family Registriert seit: Mar 2004 Beiträge: 10.374	Vom gleichen "independent trader" Bill McLaren hier etwas zum S&P 500: I’ve been saying the last low was a solid low. The only question in my mind is: - will it stall at the old high or marginally above that high and start a choppy sideways pattern before the run to 1270 or - will the index just go directly to the objective of 1260 to 1270 ? Don’t misunderstand me, it is going to that objective. I am just not sure of the form of trend it will take to get there. My forecast called for a choppy pattern after a test of this high, followed by an exhaustion move up. So far the only thing the index can do is show one day corrections or counter trends. So support for this index is definitely present. I am still not sure of the "Pattern of Trend" that will materialize up from here. Once the index gets up to this "obvious" resistance of the old high (only 12 points away), I should be able to forecast how this trend will be resolved. But for now, the move up shows no hesitancy with only one day counter trends in place. Quelle: http://www.mclarenreport.com.au/yvs5...ult.asp?id=275 __________________ Beste Grüße, Benjamin Geändert von Benjamin (15-02-2005 um 19:06 Uhr)