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I'm Thinking SPX 1170 Early Friday


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#1 blustar

blustar

    blustar

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Posted 13 October 2011 - 12:20 PM

Snap back to down trend line= 50day m.a. Should be wave x of an xyz bull flag. We should get a higher double top -above SPX 1219- wave y around Oct 21-24 and then down to the mid 1140's is my guess at this point by around Oct 26-27. This kind of run up needs time to digest I would think. Still thinking SPX 1274-82 by week of Dec 5-9.

Blessings,

 

blu

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