Sunday, August 1, 2010

Still bullish less 1070 falls



I have 3 cycles still projecting up, and AGET to 1168 or 1225 spx. We are in a cliff hanger area. If 1070 falls on a close basis and the macd does a crossover then the rally could fail. Lets watch my pivot at 1100 for Monday and expect a test of Friday's low only to recover from either buy the dip's or bears in fear, covering their shorts. Thinking Friday 6th will be H.O.W. based on an 8 TD, a 3*8TD and 13+13 (Sat-Sun)TD pattern +/- all from 7-1-10 ( spx 1010)


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