SPX intraday update (Part 2)

Friday, February 18, 2011

For the medium term I didn't change my primary count. For me this looks more an extention of this bearish wedge. At short term It's possible the pattern isn't completed.


SPX intraday update (Part 1)

Until now the market didn't fall.  On other hand I can't see impulsive waves for the downside.
Conclusion: The bears must be cautions and have tight stops cause the bulls are still in control.



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