SPX daily update
Monday, April 20, 2009

Today SPX had a good sell off but tomorrow i expected one small correction and maybe test the 50 % of Fibonacci retracement. Nevertheless, i'm not sure if this wave "iii" already finished.

Today SPX had a good sell off but tomorrow i expected one small correction and maybe test the 50 % of Fibonacci retracement. Nevertheless, i'm not sure if this wave "iii" already finished.

The wedge was broken and the new wave (ii) began.

The wedge was broken and i can see a possible impulsive count.
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