09/05/2013
SP500 the WEDGE chart updated. The upper line is of importance to me. Wednesday evening and today this morning in Asia the price bars have been above that line but I think it was not big enough to be counted. The 2 hr and 1 hr charts are below their 8 MA and has been holding there for a while. If the trend start to move down I can imagine a new test of 1.621. The other option is to build strength in current area to make a new trial to take and hold 1.634. Very difficult to make exact predictions with SP500 now. Most important is that the top of the upper channel has held so far, even with a question mark.
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