Wednesday, 12 February 2014

SP500 1820 heading for a retest of 1850

SP500 bounced back from 1738 only a week ago to 1820 today, a rise of nearly 5% . Looking for SP500 to retest 1850 by the end of Feb with a target high of 1950 by Mid May 2014. Bears will look for a close below 1740 to trigger a panic plunge down another 110pts to 1630.


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