samitrading

SPX's intersection of L/S degree counts, a probable trough area!

samitrading Updated   
SP:SPX   S&P 500 Index
- 4225-4192 Could/Might be our 1st trough !!!

- 4077 Could/Might be our 2ed trough !!!
Comment:
4266.31 could/might be or first target here. C=A of " 2ed leg down"
Comment:
Hard to tell now, BUT technically we are in over sold lands. fundamentally, tapering is running the show here.
Comment:
These side consolidation are not good for any one holding stocks at the moment !!! unless they know what they are doing !!!

I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***


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