Wednesday, May 27, 2009
SOX is in wave 5 up and needs to close above 270 to finalise the count as the NDX is about to do the same in a bit more complex count. Will happen within a few days as the max. window is the 6th June with an exact 3 month time frame from the low. The upcoming Full Moon around that date is an uncomfy one as it is in square to Saturn. Tomorrow the positive effects of the recent days will vanish with Neptun stationary ( the fake euphoria might run out of steam anyway as Mercury is turning direct as well at the end of the week. This will bring plenty of confusion but most likely a turn of tides short term. Watch the SOX carefully to get a good indication for a short as we need to close above 272 to trigger it.
Posted by getagrip at 12:28 PM