Thread: JTH's Account Talk

AGG flipped over to a buy on Friday but gave back over half the gains off the breakout.

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Originally Posted by JTH

IFT EoB Friday 100S

Nice call!

Rough cut revised price target. H&S estimate based off a measurement of the head to the neckline breakout, multiplied by a Fib of .618 gives us 2148

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2148 falls inline with my previous estimates (although the time factor was been pushed out substantially)

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Originally Posted by ravensfan

Nice call!

Thanks, it's good to get a win, even if it's a minor one. Much more work to be done here, but sometimes my best work is done from behind...

Originally Posted by JTH

AGG flipped over to a buy on Friday but gave back over half the gains off the breakout.

As expected, AGG flips back over to a sell

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Yes AGG is looking bad. I think it bounced down off the 200 Day.

Originally Posted by Bquat

Yes AGG is looking bad. I think it bounced down off the 200 Day.

Not yet, but it's getting close to both the 200 SMA/EMA and at the bottom of the channel.

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Tranny taking a hit today

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Thank you for the great charts ...always insightful!!

AGG flips over to a buy while Tranny & NASDAQ 100 flip over to a sell.

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Originally Posted by JTH

Rough cut revised price target. H&S estimate based off a measurement of the head to the neckline breakout, multiplied by a Fib of .618 gives us 2148

Failed to reach the price objective and that was a conservative estimate.

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Originally Posted by JTH

Failed to reach the price objective and that was a conservative estimate.

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JTH, thanks for the charts. This reflects the reality check we have to think of. Since you have more experience with PnF, and I believe that you are in the S Fund, what is your best guess as to when the downside is coming (or has it begun already?). Tia.