I posted two scenarios yesterday and it looks like the second one is underway, i.e. that we get a rally as in early July.
Back then, the SPX rallied about 90 points within two weeks. If we apply this to today we get 1130 late next week.
Friday, September 3, 2010
S&P 500 ~ Pre-Market Warm-Up 3 September 2010
Wow! The ES is up huuuge this morning, currently trading at 1103!
I posted two scenarios yesterday and it looks like the second one is underway, i.e. that we get a rally as in early July.
Back then, the SPX rallied about 90 points within two weeks. If we apply this to today we get 1130 late next week.
I posted two scenarios yesterday and it looks like the second one is underway, i.e. that we get a rally as in early July.
Back then, the SPX rallied about 90 points within two weeks. If we apply this to today we get 1130 late next week.
