S&P 15.05.2012

Yet still more downside. The target zone is narrowing as the time window shortens. Cycle troughs converge late in a downtrend, this could be happening now.

second chart, simple line chart but with Gann angles on them. Could we see support off these…

 

 

Time will tell

 

S&P 14.05.2012

S&P getting ready to bounce out of the 80 day cycle trough?