Our forecast remains on track. Since calling the 1422 top, we’re up a little over 20% on a cash basis (versus -6.5% for SPX) in a little over seven weeks. We’re likely to pause around 1330, as this represents a key TL on RSI as well as the neckline of one of our recent H&S patterns. The chart below shows several key price levels coming up.
Sorry, this content is for members only.Click here to get access.
Already a member? Login below… |