Wave 4 has retraced 50% from the lows of March 6th. Since wave 1 has not yet been overlapped; a move below the lows of March 6th seem plausible towards completion of wave 5. Exit short on close above 805.
Monday, March 23, 2009
SPX500: Wave 4 complete ?
Wave 4 has retraced 50% from the lows of March 6th. Since wave 1 has not yet been overlapped; a move below the lows of March 6th seem plausible towards completion of wave 5. Exit short on close above 805.
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