SPX daily update

Saturday, February 14, 2009

On Monday the american markets are closed, so thats a good oportunity either to start the big crash or to have a rally and close this wave ii. Yesterday, during all day, the waves intercepted a lot, so i think that this movement is corrective and its near to its end. I expect a nice rally on Monday to end this wave ii and the big crash start around Tuesday or Wenesday.

P.S. Tomorrow i will see DAX but appears more bearish as i say yesterday.

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