Wednesday, 7 March 2012

S&P correction form.

S&P is correcting. Wave A may already be finished. Wave B will probably see 1355-1365 area. Wave C will then see 1310. This is a roughly sketched roadmap to what we can see the following days. With stops at recent highs one could take advantage of the prospective decline. The next few days as the market unfolds its movement will show us the markets intentions.

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