Sunday, April 27, 2014

April /May 2nd

Thursday model said Fri would be down. Now Friday model is saying Monday down.
A simple model says Monday low is also a buy.
How low??
The Spx  100 sma is @ 1835. P&F has 1850.
If we look at my zig-zag wave chart I have 1845 as strong support based on b and d. As alway the opening gap is usually the day leader.  I would like to see us plunge to the close.