CoinedByCrypto

Up on the roof

Short
SP:SPX   S&P 500 Index
1805,52 will be the 1.618 fib of the A leg in an Elliott Wave ABC-count and could be the area of a possible turning point for the SP.

The Andrew Pitchfork goes way back to the 1987 crash. It just seems right begining there at the time the Ronald Reagan PPT were set up for manipulating the market.

Looking at the RSI:
It has reached a resistance level reaching back to 1995. It is though the 3rd time around and it's at the level so...

As always ....time will show!

Safe trading!
BM

Music at work: www.youtube.com/watch?v=lpVUAYCB...

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