stelakis

SPX NEXT LOW EXPECTED CLOSE TO JAN 15

Long
SP:SPX   S&P 500 Index
Nothing is a prediction when it comes to stocks, just an expectancy based on indications...here my idea is based on the cyclicality of the SPX..on a weekly time frame (very reliable time frame for observations).. I believe we have seen the high for the next three weeks and and we are headed for the next low (with a spike in the first 2 trading days due to the herds - mutual fund cash inflows that need to invested) by 15-20 of January... Right now I am sitting in cash as I am very bullish on stocks in 2018..
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