Triple 000 and Sub-penny Chart Plays

[trader53]

S&P 500 - for Monday November 30th

https://caldaro.wordpress.com/

Friday Update

Posted on November 27, 2015

SHORT TERM: choppy black Friday trading, DOW -15

The market opened slightly higher today,
dropped to SPX 2084,
then rallied to 2093,
before settling for the day about unchanged.

While we have now had a 10 point pullback
from Tuesday’s SPX 2094,
it did not trigger anything meaningful
and the market remains in a two day sideways pattern.

As a result the count remains unchanged
as posted on the hourly chart.

Short term support is at the 2085 and 2070 pivots,
with resistance at SPX 2116 and the 2131 pivot.

Short term momentum ended the week above neutral,
where it began the day.

Best to your weekend and happy shopping!

* Note - The October 2015 Bottom, resembles 1998 and 2011 Bottoms



LONG TERM: bull market

MEDIUM TERM: Uptrend



* Primary Waves I and II - completed in 2011

* Primary Waves III and IV - completed in 2015


* Primary Wave V should carry the market
to All time New Highs.















* Note - The October 2015 Bottom, resembles 1998 and 2011 Bottoms





































LONG TERM: bull market

MEDIUM TERM: Uptrend

* Primary Waves I and II - completed in 2011

* Primary Waves III and IV - completed in 2015

* Primary Wave V should carry the market
to All time New Highs.








Since 1929 there have been 13 bull markets
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116564037






http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=1&mn=1&dy=0&id=p83822707561

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=1&dy=0&id=p43140782454