SPX daily update

Friday, October 2, 2009

Well well well! How about that!? Is it P3 coming? Or is just another correction? I think the answer lies first, in the 1016/1020 support and second in 1000 point support.
Hope you had your stops in place cause today...was a bear killer. Sorry for the bad call on the nasdaq. We have now a bear count. If you still bull just switch rose 1,2 for an a,b , and let the wave finish. I'm out for now, for me this is a 50/50 scenario.

Best to your trading
PH

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