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gLloW

S&P reversal to new highs soon.

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S&P 500 index (FX:SPX500)  
gLloW Uppdaterad   
FX:SPX500   S&P 500 index
SPDR S&P 500 ETF (SPY) XIV SVXY UPRO
7
3
spy xiv svxy upro
Notes on the chart. For a long time I thought a big correction was imminent, but I now think this market is ready to move up to the next level.
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I think there will still be a pullback to the trend line that I drew, which also is he .618 fib retracement at 2066. The waves also look like they need a little pullback, but not going lower, this will create some nice bullish divergence and we should be ready to go tomorrow (7/7/16)
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Kommentera:
the last chart was incorrect. I have updated with with two buy target points.
snapshot
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The Daily Center of Gravity just broke above it's upper trend line that has held for the last 10 months.
snapshot

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gLloW
S&P Pullback Then Continuation To New Highs
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