@Reekardo, No S&P complete its bearish Cypher Pattern then retrace 0.618 % Fibonacci retrenchment, now try to form a short term double bottom, so try to buy near 2340 for a target of 2360-2366
Reekardo
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@MindTrader, where do you think it will find support next week? banks weak today. oil down.
@MindTrader, this market biatch wont break... do you think its going to hold the 2335 and bounce up to the elliot wave 2500 target? i do think 2350 is now the max for about the next 2-3 years on spx. i believe its going to fall to 1900-2100 for september october.
MindTrader
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@Reekardo, Look very bearish below 2360, I am watching this for last few days, please wait I will update a detail chart later.