iamthewolf

Elliott Wave: Week of 1/22/18 - What Shutdown?

SP:SPX   S&P 500 Index
Market will ignore government shutdown as it reacts to sentiment and global economic factors. Amazing upward run continues and sufficient caution should be observed for any temporary pullback before heading higher. Note next higher Fibonacci level for eventual target.

Major trend lines are in play for interim resistance and target pullback areas as noted.

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