Forecast- Targets

Ok- Here it goes
The Monday -Tuesday range has now been established so we can form some additional targets.....ON the downside we get
844
830
on the upside we have 900 and 914
The monthly has a lower target of 848 so if we see prices in the 844 - 848 it may get interesting..
I'm leaning towards the upside breakout though as we have tried to break down the last two days below the longer term composites high volume node and we haven't been able to do it. We have a weekly pivot up at 903. On the way up I'll be watching the 884 area.

Fund Managers have no clue 95% of them

State pensions funds are suffering $865 Billion in pension-fund losses. The effects of this will be huge as most managers are living in the buy and hold mentally still. Well bye bye to those funds because they are gone to money heaven. Hmm what will happen ? what will they do ?

Riddle????

Well only two persons emailed me about the riddle. Funny it was the forecast of the market for the next few days and it has been accurate so far. I have to tell you folks this, a lot of you want to be spoon feed and investing is not a spoon feed thing. Some of you guys are so lazy to learn but then I hear it over and over that you want to become successful traders. Well there is no holy grail for trading but only reward from hard work and picking a strategy that works.
Back to the riddle. The last line said 860-8, 848. Yesterday the low was 860.25 and we ended the futures @ 868. Today we also ended the futures at 868, pretty good prediction. 90% of the volume today was traded in that 860-868 area. Now try and figure out the rest- if you guys has even try you would have had direction in the market yesterday and today.

MARKETJEDI