nick.holland78
Long

S&P Big Picture - Bull Market

SP:SPX   S&P 500 Index
spx
Base case is that the bull market will continue, rallying off support. This view is based on Elliot Wave principles. Pattern and projections remain valid as long as SPX             remains over 1694.43, the 1.236 extension of waves I-II. Target is a new ATH             over SPX             2300, potentially as high as SPX             2669. Subsequently, SPX             should return to the same support level (1694-1905) again in wave IV.

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