Tuesday, September 11, 2007

Equity Market Comment 09/11/07

While this last leg down in the equity markets has taken a longer path than I had anticipated, I still remain firm in my view that there will be one more push lower before the next major leg up will begin.

The target of 1409-1412 on the S&P 500 comes up again and again in my work on all different time frames, so keep a close eye on this level.

The word for now remain CAUTION!



No comments:

Trend Analysis LLC Headline Animator