6/29/15 - EOD Update

The market finally broke thru the neckline of the head and shoulders. The target is 2000 if it plays out completely. 2000 would also bring it back to the start of the wedge.

Price was just shy of the 200 DMA.

60 Min

We'll see if the market can recover 2072, which is the bottom of the previous range I've been tracking.

If today's move is the beginning of the end of the 6 year run, its time to look at the daily and weekly chart again. This is my best interpretation. 

Daily

Here is a look at the weekly. 

Weekly

6/29/15

Bottom of the range.

60 Min 

6/28/15

Looks like Greece is gonna help out the bears and keep that H/S I have posted in play.

If futures action remains the same by the AM, we should see a test near the neckline at 2070.

On Fri, near the close, I suspected that the wave down may have be extending.

Possible this wave could be extending lower in 13waves. Will post charts later

— Grand (@grand680) June 26, 2015

60 Min 

60 Min

6/25/15 - EOD Update

Three waves down for da bears.

5 Min