Next resistances are at 1353-56 and 1370, support is at 1330ish:
1330 is breached so I think wave 3 up is underway. A possible target for this up wave is around 1450. We'll see if we get there. ; )
Thursday, July 21, 2011
S&P 500 ~ Elliott Wave Count ~ 21 July 2011
Once 1344 was reached the SPX pulled back a bit and then went sideways for the rest of the day.
Next resistances are at 1353-56 and 1370, support is at 1330ish:
1330 is breached so I think wave 3 up is underway. A possible target for this up wave is around 1450. We'll see if we get there. ; )
Next resistances are at 1353-56 and 1370, support is at 1330ish:
1330 is breached so I think wave 3 up is underway. A possible target for this up wave is around 1450. We'll see if we get there. ; )
