Trades for Dummies
A simple approach to interpreting the stock markets moves and waves
Thursday, August 22, 2013
Consolidation began
The anticipate phase of consolidation upwards began today.
It will last a few days and it may reach as high as 1,575 - 1,585 on $SPX.
We need to now wait for confirmation of the 3rd and impulsive wave down
Stay tuned
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