22 Oct 2017 ‚óŹ 03:23 PM

The Dow lead the way this time breaking from out from one channel into a steeper channel and touche the upper end of the channel. The S&P daily chart was showing wave v pending and that has now started and the channel shows the upside up to 2592. Wave v can truncate if the rest of the market gives up and 2556 is the lower end of the channel below which we consider a trend reversal.

snp 231017

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