Mid-Term: DOWN
Short-Term: UP
Monday 10 June 2013
10 Jun 2013
Time fib arrives this week and on a 60min time frame price is reaching close to its 61.8% retracement. The move up today in the SPX looks corrective and its not looking like its done going up. Meanwhile the 60min chart is diverging suggesting a pullback is near. How intense or long will the pull back be? We will just have to keep a close eye on it.
Mid-Term: DOWN
Short-Term: UP
Mid-Term: DOWN
Short-Term: UP
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