SPX update

Wednesday, December 17, 2008



Presentemente estamos a desenvolver a subonda "c" da onda "e". Se fizermos sub a = sub c teremos o target final da onda "e" nos 911 pontos. Se por outro lado C=1,6*A então target será de 944 pontos. Resumidamente acredito que até ao final da semana teremos um novo downtrend que poderá levar a uma correcção de pelo menos 50 % de Fibonacci (+-800 pontos).

SPX have similar count of DAX, so currently we are developing the sub wave "C" of the wave "e". If sub C = sub A the final target will be 911 points. If sub C = 1.6 *sub A the final target will be 944 points. Briefly (at least at the end of the week) i believe that we will have a new downtrend that could lead to a correction at least 50% of Fibonacci (800 points).

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