The market should consolidate at lower levels for a period of time as it sets up to rally sharply. A surprisingly strong rally should follow to the calculated target at 1352.
2-Hour Chart
Wednesday, March 16, 2011
$SPX - Medium Term
The 1352 calculated target still makes sense to me. I think $SPX rallies up to 1300 in the short term. I anticipate that we will see a bottom ~ 1232 in the next week or two.
The market should consolidate at lower levels for a period of time as it sets up to rally sharply. A surprisingly strong rally should follow to the calculated target at 1352.
2-Hour Chart
The market should consolidate at lower levels for a period of time as it sets up to rally sharply. A surprisingly strong rally should follow to the calculated target at 1352.
2-Hour Chart
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I would love it if you could draw a chart on gold or silver
ReplyDeleteyou do have a gift with making these road maps.
ReplyDeleteThanks. Let me see if I can put a chart up on gold/silver. It might be a few days.
ReplyDelete