Monday, January 9, 2012

SPX Daily - Monday, Jan 9

@ 4 PM

Still stuck in the sideways pattern.


@ 1 PM

IYR is showing a very nice completed wave pattern. Expecting the indices to look like this soon.


@ 12 Noon

The overall sideways movement since Jan 1 looks corrective, likely to be followed by another impulsive move up.
Unless Jan 1 is already the top.


No comments:

Post a Comment