2 replies to this topic

[andr99]

....maybe the unfolding correction is not over ? Maybe we got to see the spx as low as 2350 to see it over ? Well looking at the last up leg it's parabolic 

and anything that goes parabolic usually gets back to its starting point. Maybe if the spx goes before to revisit area 2750, then it's ready to drop again ? 

Maybe. You know trading is made of maybe.....it just depends on which is the most probable maybe. 

Edited by andr99, 11 March 2018 - 05:51 AM.

[alexnewbee]

2830 then 24xx IMHO

[cycletimer]

I don’t consider myself a prognosticator but for what it’s worth I can see the case where $SPX soon heads to 3000 and/or DOW at 30,000. I would have never believed I’d ever post something like this but I have myself perplexed many times over the past Bullish two years.
All I know is that there’s a strong cycle turn in May (5/17 + or - 1 TD) and another in June (6/12 + or - 1 TD). Whether May 17 marks a high or low is anyone’s guess. Will we hit 3000 then or 2400??? We happen to be almost halfway in between now. Hmm...