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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (196539)	2/13/2012 3:46:01 PM
From: Joseph Silent	Respond to of 209892

I am expecting at least one last push up past 1355 and at least into 1360--1370 with this move. Simply based on that pattern I posted, it will have completed a run of the same size as before, with a thrust (as done before) above the target line. Otherwise, I have no real business saying anything about what the SPX will or won't do. :) Could it keep going into 1370, 1380, 1390 etc? Of course. But my gut and that pattern is saying not before we correct below 1300. I don't know whether to hope I am right or wrong. Time always tells. :)