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SPX 1299-1300 Min. Today


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#1 blustar

blustar

    blustar

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Posted 18 March 2011 - 08:38 AM

Bulls should not get too complacent as the move up into today has reversal signs all over it, i.e., Bradley, full moon, 4/16 day cycle, e-wave. It looks like a running correction building here with one more 'c' wave decline early next week. Cycles then point up hard into Fri next week where the next 4/8 top is expected. If we hold the current channel, then 1235 would be expected to hold Tuesday and perhaps as high as around 1320 by Fri next week. There is a recurring 29-30 week cycle lo due in this time frame (next week) I expect 1440 by May.

Blessings,

 

blu

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