Sunday, November 16, 2014 4:42:38 PM
11/15/14 SPX (2)
For quite a while, I have 2047.41 (2050) as the upper side target. On 11/14 SPX marked ATH 2046.18.
Seemingly, we are getting closer to a sizable pullback, so near and yet so far.
One of the mechanical indicators: Parabolic SAR (usage link)
Near term upper rail targets:
set 1 2047.13, 2053.16, 2064.59 chart link
set 2 2047.41, 2069.93 chart link
Near term supports:
2013, 2004
1993, 1973
Middle term upper rail target range: 2130-2214.
- Gauge 2079.76 to see the possibility of assulting 2130
- imho, a pullback below 1520 decisively may confirm the end of the current bull market.
For quite a while, I have 2047.41 (2050) as the upper side target. On 11/14 SPX marked ATH 2046.18.
Seemingly, we are getting closer to a sizable pullback, so near and yet so far.
One of the mechanical indicators: Parabolic SAR (usage link)
Near term upper rail targets:
set 1 2047.13, 2053.16, 2064.59 chart link
set 2 2047.41, 2069.93 chart link
Near term supports:
2013, 2004
1993, 1973
Middle term upper rail target range: 2130-2214.
- Gauge 2079.76 to see the possibility of assulting 2130
- imho, a pullback below 1520 decisively may confirm the end of the current bull market.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
