We expect to see a pull back now (wave ii of wave V of wave 5), followed by another leg up (wave iii of wave V of wave 5), targeting 1,560's on the $SPX.
Similar observations on the DOW as well (14,149), whereby following a short pullback, the index will climb to 14,450's.
Again, a close below this week's low of 1,485 on the $SPX will invalidate our projections.
Again, a close below this week's low of 1,485 on the $SPX will invalidate our projections.
No comments:
Post a Comment