Draghi Delivers

No, not in a “saves the world” sense.  But, he must have received my envelope full of liras because SPX is right on track to reach our target from the 4th [Counting Down, 3:30 update]. We’ll get into the specifics of his plan later, but first some charts.

We’ve reached 1417.59, the 1.272 of the two targets in the little Butterfly Pattern.  The 1.618 extension is still up ahead at 1423.31.



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