Tuesday, October 24, 2017

10/24/17 - AM Update

Since my last post, I have been watching and waiting to see what wave (iii) does at the 2570ish level. So far, it has taken a pause at 2578.29 and pulled back about 10 points. If it can't poke over this level in the next few sessions, I will assume wave (iv) is in progress.

Wave (iv) target zone is approximately 2540 on the high end to 2515 on the low end. We'll see.

SPX - Daily