Tuesday traded below normal projected low at the 1440 area as a market anomaly worry about Money Markets accelerated the expected selling. Wednesday has an up bias toward options expiration with 1480 area as the minimum expected high. Looking at my price projections model todays low at 1426 sits on year 2007 down cycle projected high 1425 and below monthly up cycle projected low. Wednesday must close above 1425 and advance toward 1440 to turn the weekly trend up for the bounce toward Friday. If and this is very important the SP-500 closes below 1415 we have a major top indicated and a crash door opens up.
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