Saturday, February 13, 2010

SP500 => the bullish count




... the bullish count is possible ??? ... of course it is ... but what are the odds ??? .. the odds are low for many reasons .. the move that starts from lows looks corrective .. too many overlaps ... it can go a little bit higher .. but it doesn't have the right look for an impulse .. not even making a floor .. the overlaps suggest some kind of complex wave moving sideways that can make a little breakout or not ... but then a violent plunge ..
blog comments powered by Disqus