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Monday, March 28, 2011 8:52:58 AM
Chart SPX daily: shows a perfect tag of the median line in this time frame, Shorter time frames have breaches of the upper TLs.
The corrective so far has completed a three wave structure and would be a valid completed corrective. My earlier prediction that the corrective would extend one more degree higher and have a secong leg down is still on the table however. We,ll see what today and tomorrow brings.
$SPX - Daily Candlesticks
The corrective so far has completed a three wave structure and would be a valid completed corrective. My earlier prediction that the corrective would extend one more degree higher and have a secong leg down is still on the table however. We,ll see what today and tomorrow brings.
$SPX - Daily Candlesticks
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