Thursday, September 17, 2009

Strange Attractor for the SP @ 1076.50

The SP Sept. today hit a high of 1076.50 , a gross .616 advance from the 666 low.
I don't know of any Elliott rational for a fibonacci  advance / pullback of an a outright number, but that has been showing up lately in various markets. For instance WTI had a .78 gross pullback at 32.40 from 147.30, and the NG had a  gross .85 pullback from 15.78 high at 2.40.
Whatever works.

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