[mitsubishi]

666.7 the bear market low ............

[mitsubishi]

Initial projections for monday..

[mitsubishi]

The first target has been hit at 900.0 ,11am exactly on the projected line....

[mitsubishi]

We have now been slightly lower than 900 and although 12.30 is a possible reversal area for a bounce,the chart indicates if that happens we could still be around 896/894 by 2.30pm. The previous low is 915.8, so 896 would be R-10 but i have not been a buyer since we were in that sideways congestion area from the recent high at 956.Looks very weak today.

[mitsubishi]

2.30pm update -possible intraday low hit at 1.30pm (894)

[mitsubishi]

The close and no projected lines hit a target today.Actually suprised as this is unusual now.I'd be looking for a short entry at 913/914/916 based on R-10.Elliott resistance at 912.But none of those numbers are likely to get hit tues according to the model,but if they do,i would draw new projections from there for lower prices.At 1.30 i said 894 was possible intraday low and we closed on the low at 893.That was based on R-10 from last weeks low 903.7 as there was no projected line to that price at 1.30

[mitsubishi]

'You get old enough,you remember a reason why everyone wants to whack you.You believe them all.But you know somebody's gotta be lying... or maybe they're all lying.When you CAN'T SEE THE ANGLES NO MORE,you're in trouble baby,you're in trouble' (Pacino- Carlito's Way)
Watching that film again tonight.With just that one connection to the open today from the prev low and a big empty space... it's bothering my subconcious.. apparently

[mitsubishi]

Yet another R-10 setup today and other R-10 scenarios.....