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Wednesday, February 22, 2012

$SPX: EW count with "clue" and neck lines resistances.

If you have read the blog,before, you may know that we are permabears, sticking to our theory that markets are now in a Cycle wave 2 and more specifically , we are in intermediate wave 2 of Primary wave C of Cycle wave 2,down. Also you must know that we have a long,bear, target of 600 for Cycle wave 2 (from oct,2011) and that the good news is that, when Cycle wave 2 will be in place, maybe in- between oct/dec 2012, then the crisis will end and the world will enter in a Cycle 3,up, for years.Cheers!

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