$SPXL - Bulls Still In Charge; Eye 106.93 near 01 AUG 2016

SYNOPSIS:


1 - Per Predictive/Forecasting Model, underlying force continue to favor bulls
2 - Support near the 77.61 handle offers a probable rebound level
3 - Forecasting Model eyes 01 AUG 2016 vicinity as probable timing in rally
4 - Invalidation: Break of 68.99

Best,

David Alcindor, CMT Affiliate #227974
- Alias: 4xForecaster (Twitter)