Neon

SPX Roadmap Update May 2017

Neon Updated   
FX:SPX500   S&P 500 Index
4
Crunch time coming
Comment:
Here SPX could form IHS targeting 2465 on futures while 2479 is the consolidation range projected upwards. In any way, the next 3 weeks leading up to the FED meeting are crucial
Comment:
The whole consolidation looks like cup with a handle so far
Comment:
FED meeting in mid June has massive significance
Comment:
Net positioning is still modest which is positive
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