Here's one scenario I favour. I'm working off the SP500 as it...

Here's one scenario I favour. I'm working off the SP500 as it correctly anticipated the recent mini-correction from a triple top around 875 back to 826. 826 is also 24 % fib for the Mar6 - Apr17 leg.

Market will advance to 1000 driven by late entry sidelined money desperate to catch-up. 1000 is a pyschological target/resistance, very close to 04Nov08 High, and 38 % fib for The Fall from Oct07 to 06Mar09.

See chart at http://www.mediafire.com/imageview.php?quickkey=4tc9xybinm0&thumb=5 (I've tried to attach but it doesn't show).

Price might fall to 927 or even further to 826 based on 24 % and 38 % fibs for the 04Nov08-06Mar09 leg.

As usual the market will do it's own thing and may confound us all..