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S&P 500--Tuesday, February 17, 2009

A quick update of some charts from last November.

Working from the 1990 low as the start of the impulsive move--with everything from the 2000 high as a three wave correction. Target still somewhere between 550 and 600.
090217-1600-spquarterly.gif

A possible impulsive pattern down on the daily charts:
090217-1600-spday.gif
090217-1600-spday-a.gif

Posted by Pure Guesswork on February 18, 2009 6:34 AM |

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