Charts ,in real time and EOD, using Elliot waves and Fibonacci.
Thursday, January 3, 2013
$SPX: Price could be preparing a nasty "island top" to mantain bulls there for a while.
We have call a top yesterday using our $NYAD top or bottom pattern. Will be nastier for bulls if an island top ( gap before and gap after the top) because it will be like a jail in which bulls will have to wait a long time to be released.