SPX intraday update (Part 2)
Thursday, March 19, 2009
SPX (in futures) made the nano wave v and now is testing the trend line. Hope can broken very soon. If this not happen maybe is another abc and the uptrend is not finished.
SPX (in futures) made the nano wave v and now is testing the trend line. Hope can broken very soon. If this not happen maybe is another abc and the uptrend is not finished.
Despite my last bear count i expect the last higher high in spx today.
I still don't see any reason to change my counts. DAX continue do some kind of the wedge and SPX is in an area of high resistance. At least i expect an huge pullback, so i will keep my shorts in.
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