XJO 0.25% 7,699.8 s&p/asx 200

thursday thoughts, page-9

  1. 239 Posts.
    Hi Startbust

    Any update from EWI?

    S&P500 has formed a low just above the low of 840.

    So far, as per them wave 4 has done what it was supposed to do.

    However, thebig question is whether it has the strength to go up to 1000 to complete the wave 4. They said that this rally to 1000 would be driven by some news - as fas as we all know there is nothing on the cards except G20 meeting that is not going to bring any cheers.

    hence the market is very vulnerable and precariously placed. Tonight we have to see the action

    Sara
 
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