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coolingla
Jun 8, 2016 2:38 AM

The Most Likely Paths for SPX in the next 1-3 Months Short

S&P 500 index of US listed sharesFXCM

Description

The blue arrows point to the most likely path

Comment

There might be some small consolidations along the way. But clearly SPX is heading to 2200 and then maybe even 2400.

Comment

The red arrow is darn close!

SPX is heading to 2400.
Comments
Reekardo
volume - yeah! the lie detector test.... spx 1600 target.
coolingla
I highly doubt we are gonna see 1600 any time soon. We are still in a bull market. We just need a small correction as of now.
Reekardo
looks neutral sideways... then down
zhaokedahuaidan
Three options are too much . As a trader , i just want to know the most likely one . But i can't .
zhaokedahuaidan
I mean i'm so confused with spx500 now . Thanks for your analysis.
PKA
You should be using .786 not .764
coolingla
Considering the whole chart is just an assumption, the tiny difference between 2 harmonic numbers .786 and .764 makes no statistical difference whatsoever.
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