SPX daily update
Friday, May 1, 2009
Until now i only see 5 waves (wave i ?) of this possible downtrend but i need more downside to confirm my count. However, SPX likely will do tomorrow the wave ii and the beginning of wave iii. This will be a perfect weekly close for monday the futures open in gap down. Don't forget "Sell in May and stay away".
Today i began early the weekend so until sunday this blog is all yours. Comment, exchange ideas/charts and enjoy the weekend :).
P.S. Thanks for all the visits and comments and click on "it" you know what's "it":))).
