Friday, 19 September 2008

S&P500: Elliott Wave comment at 19th of September


S&P500 main resistance is at 1260-1270.

S&P/MIB is near to its strong resistance at 27.900-28.000.
I believe that we are still inside a bear market rally movement, fueled by Federal and Central Banks operations and Three Witches Friday technical expirations.
H.F.L.

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