Monday, February 27, 2012

SPX Daily - Monday, Feb 27

@ 4 PM

SPX decisively higher than the May 2, 2011 high.
1376 could still happen.



@ 1:40 PM

SPX printed a high of 1370.89 today.
May 2, 2011 high is 1370.58.


@ 12 Noon

So 1368 was (i) of (iii), not the whole (iii).

2 comments:

  1. I'd say I've never seen anything like this market lately...except I know I've said that many, many times before!

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  2. if i count with an ED count...1 and 3 of E are equal
    if i count more traditionally with impulses...1=5 here to complete a 5 wave up...

    will it ever mean a damn thing?!?! LOL egads

    I'd like to think the payoff will be worth the agony of waiting.

    http://jeffreygtc.blogspot.com/2012/02/monday-february-27th.html

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