AI
Wednesday, June 24, 2009 11:24:45 AM
PT
My read is we need to make a lower low yet, maybe not much lower then yesterdays and we will get it by Friday. 885 on the spx, ideally 882. It will look like an ending diagonal and here it is in chart form. We are in the iv wave up and it should be held by the falling r-line. We need one more tag of the falling support line to complete this. Just a wild ass guess of course.vbg.
My read is we need to make a lower low yet, maybe not much lower then yesterdays and we will get it by Friday. 885 on the spx, ideally 882. It will look like an ending diagonal and here it is in chart form. We are in the iv wave up and it should be held by the falling r-line. We need one more tag of the falling support line to complete this. Just a wild ass guess of course.vbg.
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