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Nov 25th, 2009: EOD Chart – New Closing High for 2009

Posted by pugsma on November 25, 2009

The SP-500 closed at 1110.63 which is a new closing high for 2009.  However, the same two scenario’s are still on the table.

  • Primary Count (White):  Completing the E-leg of the large triangle with target area of 1120 to 1125 in the next couple of trading days.
  • Alternate (Purple):  Completed an a-b-c for Wave (2) and are headed down in Wave (3) towards the 1060 to 1070 area in the next couple of weeks.

Well, that’s a wrap for the week.  I won’t be able to update the charts on Friday, as I will be out of town at my 13yo son’s football championships in Cleveland.  I will check in to answer questions.  So feel free to post a response.  I’m thankful to all that read this blog.  Have a great Thanksgiving !

15-min Chart:

60-min Chart:
Daily Chart:

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