S&P 500 03/08/2009 - update

Previous post for S&P is here.
As mentioned in the previous post, brodening formation is still in play. We are hitting resistance. Might see minor pullback before surging upwards.

If it doesnt break the formation upwards, it might retrace towards the support of 950 or 930 creating a partial decline. TP is 1084. Depicted in the chart is just a possibility.