we're doomed if we don't pull this off, you know |
If we're drawing a terminal move, it could be an ending-diagonal, or an expanding wedge. Legs of the move can be triplets, and we'd really love it if it showed its internal weakness by overlapping waves 1 and 4 of the series. So maybe the expanding wedge top like so, with overlap around 2108 SPX:
SPX 07-11 |
12 comments:
Yay, give me more time to buy a few items missing from my list, and I don't mean stox.
Aye-aye on that.
Cg looks like no pull back. Future up 10 already
Cg looks like no pull back. Future up 10 already
She's a monster, this Japan move. Looks like Depriv is charting the full five wave impulse waay up.
Higher it goes, lower it falls...
Keep an eye on oil. If CG's prediction is to play out, we'll likely see a big blowoff top in oil as well.
JPY weekly has a nice cup.
Are we in the handle?
impressive follow through to new levels never seen before. hard to say how long this rally lasts or how high it's going. especially with earnings coming in and given the profit growth in '17 is expected to be in the double digits it may be quite sometime before the next pullback which i can't see as being more than a few %'s. lot of air above and nice and steady move higher.
Total melt up mode.
The 1.382 fib extension of the Brexit drop is 2169 SPX, if it matters.
2200 by end of earning season? keep raising those targets cg!
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