SPX is in a 5-wave decline:
Target to take some profits is SPX 1182, DJI 10,980.
Friday, April 30, 2010
4/30 12:50
DJI/XMI, SPX, and Nasdaq all sport different counts from this morning's high.
SPX is in a 5-wave decline:
A good target for the v bottom is right past our short trigger, currently 1193.75. Another reason to wait for a bounce to increase short exposure to 30%.
Target to take some profits is SPX 1182, DJI 10,980.
SPX is in a 5-wave decline:
Target to take some profits is SPX 1182, DJI 10,980.
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