Monday 08/15/2011, SPX closed at 1204_which_is_23.6%_Fibanocci_retracement_See_Charts_Here
it had gone as low as 38.2% when it hit 1101.
The Key action is: can the Bollinger Band below the 1104 Bottom HOLD as the bottom of this Correction? If so, be prepared to BUY this LOW.
Trade at YOUR OWN: Risk, DueDiligence, RiskTolerance. Trading Responsiblity is Totally Yours! You are Spending Your Money, no one elses! Be Wise, Be Thinking, Be Deliberate! Be Lucky, Chichi2
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