Posts Tagged ‘rebound’

Market projection (21.02)

February 21st, 2009

Expecting a small rebound next week. Target area 800-810.

spy-daily-2102

spy-2102

Need to watch closely next move, not to miss this donward movement. The resistance at 800 SPX is really massive. The ideal thing would be to see something like rising wedge, but of cource we know that things don’t always pan out as predicted. Next stop is going to be at 740-730.

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