NEoWave Trading Service
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Posted 14 December 2011 - 03:30 PM
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"A week ago I wrote, “Look for the S&P to spend the next 1-2 weeks
correcting or consolidating its recent gains…wave-f must top below
1350 cash.” That is exactly what the S&P has done, so far. Look for the
S&P to spend 2-3 more weeks consolidating in order to waste the time
needed to reach wave-f’s ideal time target. Until that occurs, the S&P
could break last week’s high, but should not exceed December’s high.
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