Tuesday, February 26, 2013

Today's price action signaled the start of a new leg up, which will last a few weeks and reach a target range of 1,618 - 1635, with 1,626 as most probable on $SPX, and 14,788 - 14,920 on the DOW, with 14,856 as most probable.

A closing below today's low invalidates our projections.





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