SPX Roadmap Oct 2017

Oct 27, 2017

Best should be over as this strongest Wave should be completing

Oct 27, 2017

Note

VIX has also started diverging just like in 2014/2015 final upwave before the crash 2015/2016

Oct 27, 2017

Note

5 consecutive Q of GDP acceleration to 2.3% YOY, comps are getting progressively tougher into 2018 and as a result slow down at latest 1Q18 is highly likely. This confirms Wave 3 strength which should be very close to completing, just waiting for NAS100 to get the final upleg to get indexes in sync

Nov 1, 2017

Note

Most likely SPX is still in 5 of 3 of 5 which better corresponds with VIX low in mid summer which should be 3 of 3 of 5 (where momentum peak is). If correct, then there should be 3/5% pullback from local top which should be coming pretty soon to to get 4 of 3 of 5, and then 5 of 3 of 5 into 2018 where a more significant correction should happen. 2660 target there