I have to admit, the strength here has surprised even me, and I have been super bullish since last Tuesday looking for a top today!
Pullback here is expected into Friday with now the 1160/70 SPX zone expected to be tested, the .382 retrace and snap back to down trend line
creating a zone of down side support in that suggested zone.
My Dec 5-9 target is still 1274/82, but since we have gone so far, so fast, I'm beginning to think we just flag between now and the next important
16 day cycle low due Oct 26 on the new moon.
Cycle Top Due Today
Started by
blustar
, Oct 12 2011 11:34 AM
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