maxi's - do me, i'm famous - thursday, page-34

All indications are a low of some sort on SPX.

What is often common is the next day we finish near lows and bigger SPI discount etc.

I can only assume it is those who took just a small intraday bounce as a chance to get out. Then we have to catch UP the next day. Anyway, lets see how day finishes.

Of course one can argue a measured low short term on XJO is about 4250, so posssible I guess.

CMC suggested a minimum measured low was in last night but we have obviously gone lower. I tend to work off the closes as safest so yes a minimum but max is more like that XJO 4250ish.