First of all, the monthly trendline broke this month. As we are completing this wave down, I expect a corrective wave up til year end. This will bring my indicator to retest the broken trendline before resuming down trend.
SPX monthly is too far away from my cloud area. As cloud acts as magnet, SPX has long term target around mid thousand in the next few years. Be prepared for the winter.
SPX monthly is too far away from my cloud area. As cloud acts as magnet, SPX has long term target around mid thousand in the next few years. Be prepared for the winter.
