Friday, March 5, 2010

3/5/10 - SPX P2 Incomplete?


I forgot to add the inverted head and shoulders target. Notice where it lands? Right at the upper trendline. That is approximately 1180.

I may feel bearish but this is something to think about. I still have money on that red trendline providing resistance but we'll see next week.

One possible way to count this if P2 is not in?

1 comment:

  1. Hey Grand. I agree with your IHS thinking. I have showing that >1165 target for the potential IHS for over two weeks now.