Friday, April 5, 2013

spx update

Seems SPX is labeling a double zig zag after the yesterday selloff. This wave 2 may have already completed but I am convinced that when finished there will be a huge selloff.

At long term my primary count suggest SPX is under wave D.

Good trades to all.

 EDIT:
Last chart of the day! The ending diagonal at medium term and the ending diagonal finished this week looks very similar!
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