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Tuesday, April 10, 2012

$SPX: Chart with big picture and forecast of this way down, forecasted on april 4.


On wednesday, april 4, we posted that we were going down up to 1,290. To understand the big picture of my EW count, wave 3, green, will be a first stop as we can see in the chart above.



Wednesday, April 4, 2012

$SPX: Daily chart. EW count and forecast. Maybe wave 3 (purple) in place?




We targeted 1,446 to put wave 3 (purple) in place, but seems that 1,423 was the one. Target for wave 4 ( purple) if we are right could be 1,290

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