Possible Scenario for the SPX

SP:SPX   S&P 500 Index
174 1 0
Debt ceiling or not, I believe the time has come for investors to take some cash off the table. The following chart present a possible scenario for the SPX             , based on trading activity from September 2010 to September 2011.


100% agreed. It won't be like 2008 but we will see a healthy correction very soon. I like that 1400 target.
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