markrivest

SPX Opening Call 12/27/16

SP:SPX   Indeks S&P 500
101 2 14
Pre open S&P             futures are up and indicate the SPX             could open above a short term declining trend line . If the SPX             can move above 2266.30 which is .618 of the most recent short term decline it will open the door for the SPX             to rally up to the last near term high in the 2272 area. Short term seasonal patterns are bullish the week between Christmas and New Year. Also the bulls could make another run at DJIA             20,000.

Mark
Mark,

Almost perfect market call on the S+P today.
Excellent Analysis.

The_Unwind



Balas
markrivest The_Unwind
Hi @The_Unwind,

Thanks for the compliment.

Mark
Balas
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