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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Crimson Ghost who wrote (97866)5/23/2009 4:15:37 PM
From: ajtj99  Read Replies (1) of 116555
 
I am thinking when the pro's come back next week reality will set in across the board.

If you look at CRM you will see what the NDX should be doing soon.

I believe we have seen the highs as well as a successful re-test of the highs. The next step will be finding underlying support, and the initial support is around the SPX 815 area and ultimately the 739 SPX area.

815 SPX by June 10 is what I'm looking for right now, and that's an interpolated number from 5177 NYA.
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