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Wednesday, December 15, 2010

Wednesday updates!!!

Click here for a live, and updated chart!!!
My hunch that we were still in another 4th wave playing out is coming true, the SPX is consolidating which means odds are very good for it to try and make a higher high once this 4th wave is completed. The over-bought conditions have been relieved on the short-term indicators leaving plenty of room now to move higher. Upside target around the 1250 level.

2 comments:

  1. Thank you for the time you put in with this website! I have a question...how do you trade based on the information you provide? What is your trading strategy?

    ReplyDelete
  2. Nathan, Most of my trading is now done using the Trendfinder.

    ReplyDelete