Jul 23, 2013

Short term update

No surprises so far.... SP500 reached the previous high as expected and it looks like it wants to correct. The last minor low is 1675, move bellow that will trigger short term signal to the downside and confirm that a pullback has begun. Target for a pullback is the 1625-1650 area.

P.S. see the daily chart(green scenario) and hurst cycles daily in the previous post bellow

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