Charts ,in real time and EOD, using Elliot waves and Fibonacci.
Thursday, March 29, 2012
$SPX: EW count and forecast update.
Our last days forecast is going fine. As you can see in this chart, 1,391 is the 23.61% retracement and some support is expect. If this support is break next stop could be 1,375.
$SPX: EOD EW count and forecast for next days.
If we are right in our forecast,below, and this is effectively a little wave 4,up, target could be in place or very near. If this is a wave 4,then next days we could see the continuation of the bigger wave 4 with a preliminary target of 1, 375.
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