The bounce is steady.
I expect that selling only to happen at 1359 and that is very probable by tomorrow.
1339.27 - 1336.58 may be the target of this pullback or wave-correction.
1339.27 is 50% correction of the W5 of W3.
1336.58 (corrected from 1335.30 as I posted yesterday) is 23.6% correction of the W3 starting from Dec 19, 2011.
Trading plan for 3/7/2012
Yesterday low was 1340.03 just an inch above the 1st target 1339.27 of bears.
We may expect a bear's visit of 1339.27 or of the yesterday's low 1340.03.
The rebound players may win today. Watching the resistances [1353.85 - 1359.03].
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