the chart above shows the break up above resistance that actually should act as support for the last trip to 3400 where my own personal top stands
lately I read blogs which try to analyze moves applying the so called elliott wave theory.........all of them called the top every two days of the last three months. Confirmation for a top when we get to 3400 will be if they turn bullish.
I wouldn' t care much to try to give a target for the sp...........the sp target is actually much more difficult to forecast..........I just think that when the nasdaq gets to 3400 the sp will top out.
As usual personal thoughts and not suggestions to anyone in the world.
Edited by andr99, 13 April 2013 - 09:27 AM.
