Wednesday, June 17, 2009

Thoughts from the Vortex

I have included this chart of the SPX on a 60 min time frame. I'm always looking for the rule of 4 patterns as many of you know. What is interesting is that we got multiple signals on this one. I'm just curious if we rollover here after O speaks. We have received the first +1-2 pattern as well so watching the action at this level for direction. Still looking for 888 level today. I have a 836 first target on this pullback as it is 360 degrees down from the 956 swing high.
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