Tuesday 14 July 2009

Daily S&P Chart

Hi Everybody,

If you all remember a week ago (July 6 post) I “projected in advance” the Typical Wave C WPT support zone where we should look for a potential support zone in the S&P. Well that is exactly what has happened.

If you look at the chart you can see that we have now made a TS4 low at the combination of the Typical Wave C WPT and the DP from the prior wave 4 low..........

This shows the power of MTPredictor and how you can be “prepared in advance”, I projected this level over a week ago !!

Thanks

Steve