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fredpui

$SPX correction ?

S&P 500 Index (SP:SPX)  
fredpui Updated   
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Gann cycle analysis SPX (S&P 500 Index) ma50-100-150-200 gannanalysis
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trendanalysis chartpattern gann cycle analysis spx ma50-100-150-200 gannanalysis
From Gann's time cycle analysis, i am forecasting a top around Aug 13 and bottom on Aug 19 (around the 4350 level)

The bottom should touch on the MA100 and backup again.

Comment:
seeing a top on Aug 13 ... today is Aug 16 (Monday) and with Taliban in Afghanistan this market could go down for a few days.
Trade closed: target reached:
Yes the bottom indeed made on Aug 19. though the top was made one trading day later Aug 16, instead of Aug 13 as i have indicated in the post. I have made new posts on this .. pls check out my latest post

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