S&P at 1035 by October 1st? I Believe it is doeable.

Posted by Investing Freak on September 25, 2009
Market Analysis / 2 Comments

On September 23rd at 9:24Pm I wrote the following prediction on Twitter.

Prediction Alert: $SPX 1035 By Oct 1st9:24 PM Sep 23rd from web

I made that prediction based on a few trend lines I was watching that had begun to break down. This is from September 16th. it took then 1 full week of the SPX moving along that trendline before finally breaking below.  (Click To Enlarge)

The next day my system began throwing out SELL alerts and that confirmed my bearish case. I acted upon a few of the alerts and am happy to say that so far they are green.
Here are the alerts for the Major indices.

In my previous post I was expecting the correction to start 10 days earlier than it actually did and that post now stands at 67% accuracy.
Today S&P Closed at 1044. Will it close at or below 1035 by October 1st?  I believe it will, what about you.

Have a good Weekend and check out the rest of the signals by clicking above on the “Current Picks” Tab.


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