INDEXDJX:DWCPF
Gary Gilberg
I'm looking at $EMW on Stockcharts. It's at 1165. Is there one that better matches the S Fund?On Wed, Nov 23, 2016 at 10:23 AM, Gary Gilberg grizzly386@sbcglobal.net [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:Its at 1135 and opened at 1137. I think you may get down to 1130 this week. Especially with markets closed tomorrow and low level trading on Friday (traders taking Friday off). i am contemplating getting in S today or Friday at closong bell. Just remember the "few" on Friday will move it more easily on Friday because the volume being low.
Gary Gilberg
Are you expecting the S Fund to fall to around 1120/1130?On Wed, Nov 23, 2016 at 10:01 AM, sarah_oz@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:I just wanted to pass along some information about a strategist and what he said.
DeMark is estimating that the S&P 500 will top out at 2,268-2,275, with a rally persisting into the end of 2016, and he still sees the Dow industrials peaking at 19,434, before falling to about 5%-6%Gary Gilberg
I would tend to agree.
I believe that the S&P should move to about 2290 (4.3% gain) before falling slightly, then continue up to 2450 (11.6% gain).
Dow should move up to about 19300 (1.5% gain) before falling slightly, then continue to 21200
(11.5% gain).
S fund should begin falling shortly, then move up to 1440 (26.9% gain).
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Posted by: Gary Gilberg <grizzly386@sbcglobal.net>
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