I realize I had posted at UBTNB3, but not here, the 1.618 SPX level which is 718.96. Normally I only post those quick intraday items at UBTNB3, but since I mentioned the 1.318 level here this morning, I should also point out this 1.618 level too.
Whether it is a C-wave or a 3rd wave, the 1.618 level is at least as important to watch for a potential turn, as the 1.382 (maybe more so).
Tuesday, March 10, 2009
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