10/01/2012

This is why the markets have rallied Tuesday

There has been speculation in media all over the world why the SP500 rallied from opening in Asia CET 01.00 Tuesday morning. In CNBC they said this morning that no one know why the stocks rallied today.

This is why. SP500 was during the last six days creating a big fourth wave and an hourly close in the market at 1.282 would trigger this wave to make a fifth wave on upside where the target mathematically would be above 1.296. The computers and experienced analysts know this. Nothing at all happened fundamentally.

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