9.14.2012

Two more green days (Friday and next Monday)?

The rise since 1329.24 looks motive impulse waves (5 waves non-overlap pattern).
It is likely that the index will make two further green days (Friday and Monday).
Bulls target today may be around 1472.00. A cautious scenario anticipates a pullback after achieving the highest. Today's high would be revisited on Monday and may or not be broken out - That would end wave 3/5 and we may see a pull back then to make wave 4/5.

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