Tuesday, March 23, 2010

Market Timing Update (3/23/10 Close)

SPX - Key observations. See chart.
[1] Price actions appear to be more corrective than impulsive.
[2] A potential expanded flat B-down of (Z) or and the end of A of(Z) or C of (Z) in the works.
[3] There's a notable divergence between price and RSI on the 30min chart.
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