Tuesday, April 17, 2018

4/17/18 - Update

No change since the last post other than at today's open, the SPX will be gapping back over the 50 day SMA. This will add to the case for the triangle option. We shall see what happens at the upper trend line of the triangle. Keeping an eye out for either wave d next or the beginnings of wave v.

SPX - Daily

Monday, March 26, 2018

3/26/18 - EOD Update

Been a while since my last update. Since my last post, I speculated that if wave 5 of (iii) ended, I would expect the market to trend sideways, which it appears to be doing as a triangle. We'll see if this holds. Price has slightly breached the channel.

SPX - Daily