I posted the SPX last night, but here are all three at once... I prefer the higher targets in all three.
SPX, Dow and NDX on the same page...
Started by
tsharp
, Oct 11 2018 08:38 AM
2 replies to this topic
#2
tsharp
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Posted 11 October 2018 - 11:43 AM
Why I'm leaning towards the higher SPX target...
When the SPX hit my ~2850ish target in wave-iii, I was surprised to see it drop so hard and deep, as I had a higher wave-iv target of ~2696 from my 4.9.16 forecast... perhaps this drop will bring that forecast more into line... watching.
#3
tsharp
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Posted 13 October 2018 - 06:55 AM
I was scratching my head, because there seemed to be a fractal disconnect between the techs and the broader market... this is not to suggest the techs will continue out-performing the broader market, but that the tech sector is only dropping in a wave-iv with the broader market, as above in the daily charts.
I'm also adding an update to the SPX daily, as there could be a "middle" wave-v:c:iv target, based on another channel symmetry... twt.
