Wednesday, April 15, 2015

SPX 30 Another Option

SPX 30 Another Option

$SPX - Chart Link is another option to consider. An LD from the 2045 lows (which would explain the overlap waves).  This would be followed by a sharp pullback that forms a higher low. 

Let's see if there is a reaction at/near the upper trendline..for this to remain valid it must reverse.  It can break up and keep going higher so keep an open mind until evidence changes. 

See triangle as well posted below.

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