Strike Analytics

S&P

30 Dec 201407:21 AM

S&P has been in wave 5 for almost a year and is an evolving pattern, from a ending to expanding triangle. Now we should be near the end of wave E but till confirmed the upper line at 2111 is the potential end point. The Dow closed negative yesterday and maybe the move is coming close to its end but till daily indicators roll over its open to extentions.

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