THE MATH

Markets moving up better than I expected so looking at the FIB math- recent high on SPX 1008 and Friday low near 740- so here we go:

38% retrace- 843 area;

50% retrace- 875 area;

For the DJIA 9650 is the high and 7450 the low with the retraces as follows:

38%- 8300;

50%- 8550;

Pay attention as these FIBS are usually pretty good-