FX:SPX500 S&P 500 index of US listed shares
Notes on the chart. For a long time I thought a big correction was imminent, but I now think this market is ready to move up to the next level.
Comment: I think there will still be a pullback to the trend line that I drew, which also is he .618 fib retracement at 2066. The waves also look like they need a little pullback, but not going lower, this will create some nice bullish divergence and we should be ready to go tomorrow (7/7/16)
Comment: the last chart was incorrect. I have updated with with two buy target points.
Comment: The Daily Center of Gravity just broke above it's upper trend line that has held for the last 10 months.