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Dec 21st, 2009: EOD Charts

Posted by pugsma on December 21, 2009

Nice bullish close just over 1113 at 1114.  It’s playing out as I laid out this in this morning’s update.  Looking for this wave iv of (3) to be finished late today or possibly just a slight dip lower to to about 1110 to 1112 in the morning.  Wave v of (3) should take the SP-500 to a level of 1121 to 1127 around Christamas Eve, Dec 24th.  This way everyone can talk about the new market high at the parties around the USA.

1-min Chart:

15-min Chart:

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