SPX daily update
Tuesday, March 17, 2009
Today i prefer to count the spx cash. Here we can see clearly that is missing the wave v of C. When i began to see an impulsive movement during the afternoon i suspected that was something wrong. But when i saw DAX in a corrective moviment i reenter short until my last intraday update. I think this wave v of C can go next to the 800's but with the RSI divergence i don't believe that can overcome this resistence.
