Friday, December 3, 2010

SPX Daily - Friday, Dec 3

@ 4 PM

After a sideways movement all day, the markets attempted to breach the November highs in the last 30 minutes.
Nasdaq managed to put a pin within 1 point of November 9th intraday high.

If the November highs are breached on SPX & the DOW, the Primary 2 Projection will have to change. It will be best to wait because it will be a big deal in Elliot Wave Terms.
 

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