[放炮] If SPX local bottom at 1670...

ychen222

Next step SPX would go to 1770, then drop to 1610, bounce back 1670, finally 1510.
1770-1610=160; middle at 1690
1770-160*.618= 1671 which is a perfect bounce target from 1610.
Of course, all these depend on 1670'd  hold.

ychen222

do you actually mean SPX local bottom at 1670?
Trinity 发表于 2013-10-3 12:52

I just used my real money bet this.
I set stop at 1662 because of 1610+160/3=1663.3.