Thursday, December 15, 2011

Gartley Update

This is what looks like is happening according to the cycles. Run to 1255 may be realistic here.

If a seasonality short squeeze develops a higher Gartley right shoulder run to 1300 into next week isnt impossible but first things first SPX needs to flirt with 1255 which is near that 200 DMA all of Wall street is watching...

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home