My 1/7/18 SPX post noted a high monthly RSI was bullish for SPX.
On 1/26/18 the monthly, weekly, and daily SPX - RSI are all at their highest levels since March of 2009.
Seasonal US stock market patterns are bullish until May.
I've discover Fibonacci resistance at SPX 3047, more about this in a future post.
High probability SPX rises to 3047 area by May 2018.
Corrections along the way likely to be brief and shallow - 3 to 5%
lasting maybe 1 to 3 weeks.
Mark
On 1/26/18 the monthly, weekly, and daily SPX - RSI are all at their highest levels since March of 2009.
Seasonal US stock market patterns are bullish until May.
I've discover Fibonacci resistance at SPX 3047, more about this in a future post.
High probability SPX rises to 3047 area by May 2018.
Corrections along the way likely to be brief and shallow - 3 to 5%
lasting maybe 1 to 3 weeks.
Mark