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":))).

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