SPX daily update

Tuesday, March 24, 2009

Still have some problems with my computer but i'm here to made the SPX update.

With those new highs during the morning, showed that the bull countertrend count was incomplete. So, since March SPX is in the Primary wave 2. My target for this wave will be between 38 and 50 % of Fibonacci retracement during, at least 6 months. However, this first minor wave can finished during this week, between the 84x's and 87x's, as you can see in the pictures.

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