Thursday, January 26, 2012

1/26/12 - EOD Update

Another late post for me. Last night I speculated that wave 3 was complete but that an over-throw could occur due to the 60 min MACD buy signal. Well, looks like that happened today.

SPX - Primary

I believe wave a of 4 most likely completed today and that wave b should be expected next to test the bottom of the channel.

SPX - Alternate
I like this as the alternate.
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