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Strategies & Market Trends : Classic TA Workplace

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From: Henry J Costanzo	6/13/2012 4:19:59 PM
	2 Recommendations of 209892

SPX.. EW…Now appears that yesterday's low completed i down of C down from Mon high..As I have drawn, that would indicate iii down underway now, with iv and v yet to come before C complete…0.50 and 0.618 retrace of last week's advance would indicate possible pullback to 1297-1290….. TA…suggesting we could find an interesting pot at the end of a 1297-1290ish rainbow…Possible completion of a bullish falling pennant/flag….plus…..a nice iH&S "alert".

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