Thursday, February 16, 2012

SPX Daily - Thursday, Feb 16

@ 12 Noon

Higher high still possible.

3 comments:

  1. i've been watching the RUT ... not even close to new highs in the Russell -- I'd have to check the DOW -- I have no idea about the wilshire?!

    ReplyDelete
  2. i sniffed out a new scenario - that would be consistent with your 1376 later this month.

    perhaps the LD was terminal to a long running 3 wave Feb. 9th ...move down to 1337 was A leg of 4 ... marginal pokes into new highs is the B leg ... and then C down to complete wave 4.

    bottom 2 charts -- http://jeffreygtc.blogspot.com/2012/02/thursday-february-16th.html

    ReplyDelete
    Replies
    1. above should read "ED" was terminal for a long running 3 wave

      Delete