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  1. #10
    Senior Member ananda77's Avatar
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    Jun 2004
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    ...again, a nice retrace over the last few days; although the SPX 500 stuck to the 910 level (until Friday trading in the US), further upside remained unconfirmed by the DOW and consequently:

    ...getting used to the 'stuffed up' market logic, markets used the ??GOOD NEWS??? (only 524000 - problem over) to drive indexes down, possibly for a re-test of at least ~850, maybe even a re-test of the 20th November low;

    ...if the 20th. November low confirms, then the current rally will hit it's target zone of DOW ~10000 and SP500 ~1100;

    ...after that it's the hell out of there...

    Kind Regards
    Last edited by ananda77; 10-01-2009 at 04:27 PM. Reason: correction

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