Thursday, February 2, 2012

SPX Daily - Thursday, Feb 2

@ 4 PM

The move down from yesterday's high looks corrective.
So another high may be in the cards for tomorrow, depending on how much surprise factor the NFP report has.


@ 12 Noon

Once again, RUT,IYR,DAX,COMPX,NDX all made a higher high today.

Posted by Vega at 9:02 AM

3 comments:

  1. JeffreyGTCFebruary 2, 2012 at 11:43 AM

    if i had to call the last 1 1/2 hours today...would be this count

    http://jeffreygtc.blogspot.com/2012/02/thursday-feb-2nd.html

    ReplyDelete
  2. JeffreyGTCFebruary 2, 2012 at 1:29 PM

    another high does seem likely... i'd like to see SPY 132.15 Tomorrow for my triangle 4th wave first... maybe the new high next week then.

    Or... just a blast up tomorrow...wouldn't be surprised!

    ReplyDelete
  3. VegaFebruary 2, 2012 at 2:19 PM

    Yep, the time ratios don't seem to be matching up with Jan 26 high either.
    Wait and see, like always :)

    ReplyDelete

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