Monday, January 22, 2018

EOD Update - 1/22/18

The Energizer market. The SPX has now passed through the mid-point of it's channel.

Will it continue to stair-step higher towards the upper end of the channel or finally wrap up wave 5 or (iii) green. If wave 5 (iii) ends around here, I would expect the market to trend sideways across the channel to complete wave (iv) green or iv blue just like (iv) of 3 green last March - June 2017.


Daily - SPX

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