Mentorship

Mentorship

S&P

24 Oct 2013 ‚óŹ 05:56 AM

S&P completed 3 waves up in what could be wave E of a ending diagonal. The recent move made a throw over the target of 1740, so to confirm a bearish top here it should fall below and stay below 1740. That would b a sign that this pattern is in play and could mark a significant top for US stock markets. The next few days are important in watching this development for a long term confirmation of what is going on there.

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