SPX Medium term Nov 2016

Updated

Tactical low should be forming soon

Note

Getting there, most likely into 2070s before bounce into January. Interestingly, the bit bottom should be in March 2017, exactly 8 years post the March 2009 depression low, around 3x666=2000. What a symmetry, if happens!

Note

Ok, so next week are the US election. If Trump wins, then there will be a wash out sell off which could finish just like the Brexit sell off, in other words will reverse bullishly within a very short time period.There is a gap at 2035/2040 which i think will be closed on the next wave down in 1Q17, but outside chance for now

Note

Futures closed the gap perfectly. Bang on

Neon

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