So far, so good. Have a great weekend, everyone!
AND, THE REST…
Don’t know for sure… but I’d bet dollars to donuts that we go through this point at 1117.50. Fan lines are your friend.
Will it wait till Monday, or is it ready to…
A look at SPXU harmonics, in no particular order. Lots of choices, here. The smallest crab starting 8/22 that points to 26 looks doable under wave 5 down, unless I’m way off on direction and timing.
The crab that started in Nov 10 points to 30, but that could take a little longer. Keep in mind, I’m speculating here. This is not investment advice.
|NDX: Rising Wedge, Gartley and H&S;|
NDX: continuation H&S; pattern points to 1973, or you can look at it as a bear flag with potential to 1934. Either way, could get ugly in a hurry.
|TZA: Bull Flag, backtested, breaking out|
|TZA: IHS points to 64|
|SPX RSI TL -Moment of Truth|