“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Thursday, 13 December 2012

13 Dec 2012

Continued down-trend from yesterday top.  So far we have 3 waves down and for this to sustain a bearish outlook we must see a 5 wave push down with a 3 wave rally.  Lets stay with that expectations as our Stochastics for our Daily SPX charts point in that direction.

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