SPX daily update

Wednesday, February 17, 2010

Since the 115x's highs SPX finished for the first time above the MAE's 20 and 50 for the first time. Despite this, I expected a false sinal for the bulls... but at same time remains an warning for the bears.

At short term seems (after all) wave C could expand a little more than expected. So the 1118 may will be tested soon.

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