Strike Analytics

S&P

17 Oct 201706:11 AM

S&P - final moves in a channel for a dip in wave iv and a final new high in wave v. 2540 is the channel support that should not break in any give back for this. At the highs the pattern is like an ending diagonal so a break down is not ruled out. On the other hand it can also be a running triangle in wave iv that results in an upward break anyway. 

snp 171017

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