Friday, October 21, 2011

Fibonacci Arc Calling for S&P at 1050 by Mid November



"the light green projection i made earlier this month worked out on tuesday.  on wed and thur it followed the existing arc down and broke out today.  how bullish will this be?

the dark green projection indicates S&P ~1050 by mid Nov. however, there are different routes to there by then.  perhaps, it will decline to the 38% dark green arc, rise again, then decline"

 

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