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Strategies & Market Trends : Waiting for the big Kahuna

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To: freelyhovering who wrote (94597)10/16/2017 3:54:10 PM
From: Bull RidaH  Read Replies (2) of 94614
 
10 week symmetrical triangle in S&P Futures broke out higher September 7th at 2475 and targets 2559.50 for neck-snapping reversal lower. All upward action since Sep 7 has been a classic "bull-trap", and we should see a correction begin from here and take the S&P to 2200 minimum / 2050 maximum before year-end. Duh Chef is about to have his kitchen re-arranged!! :)

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