I commence with my gratitude to The Creator
Markets are getting ready to start bigger pattern. Is it Correction? or consolidation and/or last Hurrah up (trapping retail investors like casino’s player ….. exhausting last strong dizzying rally??
2 Years time cycle has been ringing the bell. It does not have to be exact 24 months or it could very well be 104 weeks or strong round number of 100 weeks from the March 09 bottom. Is SPX going to square out at 1,332 or will it just peter out around 1300-1311 or 1320?
The enclosed chart is just to give some clues, as what to expect within next day or so. However, I’ll post another one of my favorite charts tonight to give a better perspective of the markets and have clearer vision, what to expect from the markets within next 2-3 months.
http://trade-in-harmony.blogspot.com/