Registered: Jul 2010
03-16-12 02:37 PM
[quote=2+2=4ex;5482130]Well done on SP 1400. I do not expect it to hold for now either, but do you really believe it will drop below 1300? Not saying I don't think it will or not, just curious about your opinion.[/quote]
4ex - Thanks for commenting. As you know that my prediction is all based on EW theory, sometimes people don't believe something would happen and I don't believe either. If the current wave is really wave-[[B]]-[C]-V-5 (most likely ending today or maybe next wednesday with extension), then next leg could go all the way down to 1280 area. Let's see how the market acts.