The Indu hit rising trend line today. The SPX made a false break. May see the SPX up 39-40 points tomorrow. A final top Monday may occur near 1350 SPX, which would be a short.
SPX 1350 Next Target
Started by
blustar
, Feb 24 2011 04:19 PM
4 replies to this topic
#2
Posted 24 February 2011 - 05:24 PM
May see the SPX up 39-40 points tomorrow.
Where is your shrink?
#3
Posted 24 February 2011 - 06:35 PM
You won't see 1350 on this bounce-unless the correction is over before you head there-in which case you'll blow 1350 away.
#4
Posted 24 February 2011 - 06:43 PM
I am thinking bounce from here as well to give some bulls relief...
Although, my target is a bit more modest...
#5
Posted 24 February 2011 - 06:49 PM
Risk is being put on...
Look at aud/yen...flyin' in the past couple hours...
Edited by MikeyG, 24 February 2011 - 06:49 PM.










