SPX daily update

Monday, May 4, 2009

Only now i had time to watch the friday's session and, sincerely, i not like what i see. This happened because SPX made new lows and transform this possible down trend in another possible abc.
I need more data to understand better this pattern but i will covered my shorts if SPX do another higher high. Today i'm flat and i need to see a sustainable down trend to stay again bear.

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