Wednesday, January 18, 2012

SPX Daily - Wednesday, Jan 18

@ 4 PM

1313 is the 78.6% retracement from the 1101 low of Aug 9.


@ 2:30 PM

DAX may not want to be the one not to exceed it's Oct 27 high.
May be before this week is over.



@ 12 Noon

May 2, 2011 to yesterday is 260 days.
The Oct 4 low divides this period in 0.6 and 0.4 ratios.

Today IYR, NDX, COMPX and RUT have all gone higher than their Oct 27 highs.


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