Next target below is the 1220-25 area which is my preferred target for this Intermediate wave (2).
Wednesday, March 16, 2011
S&P 500 ~ Elliott Wave Count ~ 16 March 2011
The SPX declined another 2 % today and closed at 1257. Looking at the ES, which just made a new low, it looks like the support in the SPX 1260 area won't hold.
Next target below is the 1220-25 area which is my preferred target for this Intermediate wave (2).
Next target below is the 1220-25 area which is my preferred target for this Intermediate wave (2).
