Tuesday, April 28, 2009
Levels
This is a weekly chart of the SPX with the different square levels. I have stated that I thought we would get to 888 or the 720 degrees up from the highs. Could we see that tomorrow on some Fed spin? I believe that this would constitute a marginal new high failure as I believe we are in a down cycle that started in the first part of April and should conclude in late May early June.
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