Radar/Market Update

April 23, 2012
By

Market breaking down from bear flag.  Target – 1330-1340 on SPX.

Int Term Target 1280-1300

1. 50% Retracement of December 2011 – April 2012 rally
2. 38% Retracement of October 2011 – April 2012 rally
3. 162% External swing projection
4. October intermediate-term highs
5. Median 7-11 % correction

SPX 55-Minute

Picture 1 of 2

Comments are closed.

Quick Reference Videos

Click on links below for an Introduction to Dan's Mentoring Group and a Recent Advance Class Meeting -

btm022613

btm021213b

bmt2_8