The SPX failed to reach the target zone noted in my 12/13/17 post.
There's still marginal upside potential for 12/14/17.
It now appears an Elliott wave Ending Diagonal Triangle could be forming.
When this pattern is completing a bullish movement there's typically a throw over of the upper trend line.
Watch for a possible top today in the SPX 2675 - 2678 area.
Mark
There's still marginal upside potential for 12/14/17.
It now appears an Elliott wave Ending Diagonal Triangle could be forming.
When this pattern is completing a bullish movement there's typically a throw over of the upper trend line.
Watch for a possible top today in the SPX 2675 - 2678 area.
Mark