Friday, October 2, 2009

SP Update

After making a new low and hitting the long term wedge support around 1013 , a little bounce back to the downward sloping channel or the 4 th of lesser degree, 1027 to 1032 area, would not be uncommon.

Any bounces should be taken advantage of . If this is a 3 wave down (potential mentioned many times) there won't be many.

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