The action we are seeing right now is more of what I expected when I posted this. 4300 is a key level. Hold that area and then finish tomorrow or early next week above Tuesday's high and we're going to be cooking.Heineken-Ashi said:
Looking at SPX, yesterday's beer candle is in the crosshairs. Today did not finish higher but held from becoming an indecision or reversal candle. There is more days ahead potentially of basing below yesterday's high. But that candle is the target. Once we break above it, we could be off to the races. As long as below it, you should have a hard stop at 4215 as the bottom can fall out quick below there. If we do break above it, I expect 4450-4500 within a couple days of confirmation.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
- I Bleed Maroon (distracted easily by signatures)