Tuesday, April 2, 2013

On our way to 1,580's


$SPX is subdividing according to our prediction model first presented on March 23 (as well as yesterday).

Today's breakout above the recent high of 1,570 further validates our model thus far (including  the recent low of 1,558 as discussed yesterday).

Next target: 1,582 (range of 1,580-1,585).

A daily close below the recent low of 1,558 invalidates our March 23 model.

 

1 comment:

  1. You changed your low from 1537 to 1558 to invalidate the count,is this an error?

    ReplyDelete