S&P 500 IndexUpdated SPX LT View May 2017
P5 Impulse as I have P5 ED already
Note
Ok, so we have US eco accelerating, EPS accelerating, low rates, lower USD, housing up, cheap gas. This is called Goldilocks for those that do not know!Note
Slightly lowering the summer target to 2465/2479Note
Oil is down which supports the notion this is still Wave 3Note
On another note 2.61 FIB extension off the Feb 2016 low and Nov 2015 high is 2611
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.