Tuesday, May 22, 2012

Failure

Vix + spx direction say's Wednesday down.

We could be looking for 1245 spx as a target soon.

Simple Chart


Still think low is ahead of us,days to weeks.
Break above green downtrend line on a close basis ,
then I'm wrong.

BTW -AGET on a weekly basis has us in a 5th wave top.
Jerry O