Wednesday, June 6, 2012

Wednesday's Quick Update 06/06/2012

Hi everyone. Sorry I’m running a little late. I’m posting a quick update, now, and I’ll be offering a more detailed analysis later this evening.

The way I see it at the moment, wave 3 came in as expected at 1296.34. It now looks like this rally may carry further than I first thought. Given the wave structure from 1267, it now looks like this market will make it to 1345 before it completes this wave. Expect a move into the 1320’s, and then a final push to 1345.

I will provide more details later. Thank you for your support.

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