Thursday, April 09, 2015 1:20:20 PM
S&P chart says get ready for a pop.
Watch for 1 more small retrace and a breakout, of the short term Green ascending triangle. Should reach 2118 previous high, on that. Then mid term pattern calls for continuation higher. 2165 mid term target, over next several months.
ADX @ 10 (strong move coming) is the support for mid term pattern to reach target.
Volume falling & support indicators conflict says everyone is adding slowly for what happens next.
S&P chart says get ready for a climb.
Watch for 1 more small retrace and a breakout, of the short term Green ascending triangle. Should reach 2118 previous high, on that. Then mid term pattern calls for continuation higher. 2165 mid term target, over next several months.
ADX @ 10 (strong move coming) is the support for mid term pattern to reach target.
Volume falling & support indicators conflict says everyone is adding slowly for what happens next.
S&P chart says get ready for a climb.
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