Tuesday, March 13, 2012
S&P 500 ~ Elliott Wave Count ~ 13 March 2012
If wave [v] equals [i] the target for this rally is 1448. 1440 was the bear market rally high in 2008 so 1440-48 is my preferred target area for wave [v].
The SPX shouldn't decline below 1370 or else wave [v] is most likely over.
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