WallStScalper

Santa could get stuck in the Chimney at the ABCD 2074 target!!

SP:SPX   S&P 500 Index
This chart shows a confluence point with my "Santa" chart at the 2074 handle.

It's the ABCD Gartley harmonic target for the 666,79 low to the top of a possible Elliott wave ABC leg up to reach 1370,58.
D comes in at the 2074 handle.

RSI is at oversold levels.... but could stay there on a monthly chart for another couple of month. Last time around in 2007 RSI hit the 79.5 area before turning down.
There is a slight divergens emerging on the RSI . It has been at 77.6418 a year ago and has twice attempted to move higher but failed to do so. At present RSI is at 76.0205

Time will tell - as always
Safe trading ladies and gents!

@BLawrenceM

Music at work:
https://www.youtube.com/watch?v=wGWAgoRbgrg
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out