infbp22

S&P: Possible parabolic move left yet

Long
NYSE:SPGI   S&P GLOBAL INC
Had some concerns at the end of 2018, but it tweezed and stayed above the curve in black. Following, it executed a perfect bull flag right to 100% of the pole length. I'm suspecting we may have another one of these, and it could be parabolic this time all the way to 340. Expecting some correction in the flag until at least February or so of next year until we hit our confluence of support (FIBs, support curve, flag median, etc.)

I know I have an ugly inverse head and shoulders pattern on RSI . I suspect with the current RSI bullishness and pattern that we could see it go massively over bout in the 90+ range if the movement plays out.

Hopefully none of our politicans will screw it up, or at least wait until we all make a little $$$ :). Approach with caution!

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