Updated

SPX's Channel's Minimum targets calculation, if this plays out.

101 Channel's analysis.

Note

3970 is getting close by, our first target.

Note

Blue line target reached 3970.08 . Next target 4025 as of today, probably "In Progress" we just need to break out of the blue channel..

Note

First time rejection from the Blue channel's upper line, is quite normal. With out bias with out emotion 101 price behavior.

Note

Our Blue wave channel , is becoming stronger 2 rejections so far !!!

Note

The Blue channel is 'Gaining" strength this would be our third time trying to break out from it.

Note

Still the Blue channel is in control, we need to break out of it for any further bullish moves.

Note

Text book style .

Note

Second day below the channel's line is not good. We need to push today upward above the line. Click the play button for more data.

samitrading

I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***

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samitrading

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