Aug 2, 2010

SP 500

I calculated new price target for SPX cash index. That 1149 target responds to 90 degree Gann angle. 1010,91 is taken as low point.  The calculation is based on my Square of Nine calculator. We need to overcome 1131.23 first, where the 45 degree is. I think it won't be a problem for the bulls.
                                                        

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