YaKa

SP500 - Time Target - Bottom at 1880 around the 9th of March15

Short
FX:SPX500   S&P 500 Index
2

My previous analysis would not be complete without a time target consideration.

I think the correction will have lasted 10 weeks when it will be over.

SP500 has currently completed week 6 of the correction - Yes dont get fooled, even those sharp intra week rallies are part of the correction (the strength within is misleading)

10 - 6 = 4 weeks before the end of the correction at 1880.

This correction is having so far the same shape as the correction that took place in March/June 2012 which also corrected circa 10%

I am certain that most analyst will turn bearish below 1920, it will be a great buy exactly at that point when it reaches 1880.

Short now and stay tuned.
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