Thursday, April 12, 2012

STD-Green-Red-Blue-Pattern in the SPX & ST Outlook

This week was a 'Blue Week' = M-shaped. Ideally the right M-shoulder-high was today.

Next week is a red week = trending = high of week on Monday - low of week on Friday or inverse

tomorrow Friday = last Monday or inverse = blue = W-shaped 
= choppy 
= (9.40H) 10.00-30L 12.45H 1.40L 3.00-30H

Next Monday = today Thursday or inverse