Thursday, March 8, 2012

SPX Daily - Thursday, Mar 8

@ 4 PM

A pretty good retracement, that would be consistent with a strong second wave.

DOW poked thru the .618 retracement.

@ 12 Noon

1 comment:

  1. so far so good with my SPX in an LD, RUT in a 4 wave count. I could use a couple waves to really break my way - so hopefully it will still look good tomorrow morning! If we do get 'E' down in the SPX over the next couple of days...look out for E to be 3 waves down...then a real ripper 2 wave up off the lows.