the_sunship

SPX 500 futures at support, expect a surprise rally

Long
the_sunship Updated   
EIGHTCAP:SPX500   S&P 500 Index
Chart tells the picture, rally at open likely as long as these levels hold. If not, lower trendline target by friday.
Comment:
If the trendline target is correct (that's a BIG IF) we should get to the .618 fib by tomorrow-or friday
Comment:
Another possible trendline target, gets us to Friday (IF THIS IS CORRECT)
Comment:
so far so good, needs to get over 4k and hold for the rally to occur
Comment:
Over, expect retrace to 4k or thereabout to be bought.
Comment:
it was a bear and then bull trap!

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