Market Analysis for Sep 9th, 2005
My longer term work is "warning" me that this week's strength in general, and the pivot off of yesterday's pullback low at 1235.75 in the e-SPZ could be the beginning of an extremely powerful upmove that has much higher to climb in the upcoming days/weeks. Why? What are the fundamental reasons that will support such a move? Who knows? All I can tell you is that with today's strong action, the potential has greatly increased for a vertical upmove into the end of the year.Have a look at my updated weekly chart analytics of the SPX...
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