Friday, March 16, 2012

3/16/12 - EOD Update

SPX - 30 Min 
Broke just below the channel. Can it finally be complete?

A break below 1390 would certainly provide a pretty good clue. Note the alternate. It may coincide with BAC's wave structure.

We'll see early next week.

BAC- Daily
BAC looks pretty near complete. Those are some clear wave up. Wave 5 may have just a little more to go if not already complete.

7.90 may be a pretty good target for a wave 2/b pullback.

More charts over the weekend. Happy St Patrick's Day! Cheers!
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