Thursday, May 20, 2010

S&P - Downside Target 920

From the pattern matching system, the current downside target is expected to be around 920 and if the pattern fits well, this target will be achieved around mid July.

From mid july until mid sept, S&P will rise again from 920 to test the likes of 1100. After while we will resume the downtrend and potentially take out previous dubious lows of 666.

Of course, this is a very long term and stretch goal and there are lots of variables and hurdles along the way and hence this information should only be considered, informational. :-)

Things may change as we progress along.

Good luck.
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