Monday, February 6, 2012

S&P 500 ~ Pre-Market Warm-Up ~ 6 February 2012

To be honest I thought the correction would last a bit longer but the target of 1295ish was almost hit so the SPX was ready to move higher:

I still think we'll see a correction in February (wave 4) but there is no way I'll try to short it... rather add to my longs after a pullback (as during wave [iv]).