SPX daily update

Friday, December 18, 2009

Since middle of November SPX is doing zig zag after zig zag and a possible bearish wedge or ending diagonal is underway.
Despite all alternative counts (we can made with these formations some diferent counts and today I decide to show 2 of them) the mayor pattern is underway and the top, for the big picture,  may will be between 1030-1050 points.
Mayor conclusion: For me SPX didn't already made any top. It's close but is missing some points (and for me some pacience). 

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