Today 6/20/17 the SPX moved down after hitting a very powerful Fibonacci resistance point at 2453. Please see my prior post on this subject.
Daily RSI and Stochastics gave sell signals confirming the peak.
Elliott wave count from the March bottom is complete.
Initial downside target is in the SPX 2320 to 2340 area some time in mid July. This forecast comes from an intense study of the last four Intermediate and Major SPX peaks
from 2007.
The SPX top on 6/19/17 has potential to be a Major top! More about this in later posts.
This move down could be "The Mother of All Turns"
Mark
Daily RSI and Stochastics gave sell signals confirming the peak.
Elliott wave count from the March bottom is complete.
Initial downside target is in the SPX 2320 to 2340 area some time in mid July. This forecast comes from an intense study of the last four Intermediate and Major SPX peaks
from 2007.
The SPX top on 6/19/17 has potential to be a Major top! More about this in later posts.
This move down could be "The Mother of All Turns"
Mark