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Glewis54

SP targets for Friday

S&P 500 E-mini Futures (CME_MINI:ES1!)  
Glewis54 Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Chart Patterns Wave Analysis SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) S&P 500 E-Mini Futures
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chartpattern waveanalysis spx spy es1!
Looking for SP to test Tuesday's close. Also, the potential for an inverse head and shoulders. Tough to go long with Chinese retaliation to Trump's latest $100 billion increased tariff, possibly coming on the weekend. GL
Comment:
Price successfully held above Tuesday's close on Friday. SP subsequently rallied but stayed confined within this inverse right shoulder possibility. Depending on bad news from China's president regarding trade, SP may power through the neckline tomorrow. If we fail to break through the 2660 Thursday close, more sideways action expected
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