Monday, April 22, 2013

Symmetry

In last night's post I mentioned symmetry of the  Inverse Head and Shoulders bottom, that means a pullback. I can't see what Leading Indicators are doing yet, but this is what CONTEXT has...
 So far there's about a 4 point negative differential in the model vs. ES.


I showed two levels of possible symmetry last night in the SPX, as far as the CONTEXT model goes, it's right in line if not a bit shallow for hitting even the upper level which is all I think is really needed, maybe a bit below, otherwise, everything there looks pretty good so far.

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