Triple 000 and Sub-penny Chart Plays

[trader53]

S&P 500 - for Thursday, December 8, 2016


https://caldaro.wordpress.com/

Wednesday Update

Posted on December 7, 2016

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LONG TERM: Uptrend

A New Bull Market - Primary III Underway

We are currently expecting SPX 3,000+
in the next 2 to 4 years

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MEDIUM TERM Uptrend

SHORT TERM: quiet open then Minute iii kicks-in, DOW +298

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The market opened relatively flat today
then the continued strength in Europe
spilled over into the US markets.

Before 11am the SPX made an all time new high,
confirming Minute iii was underway,
and then surged higher.

With barely more than 3 point pullbacks along the way
the SPX hit 2242 around 3:30.

The DOW/TRAN also made new all time highs,
but the international NYSE has still not.

Short term support
rises to the 2212 and 2177 pivots,
with resistance at the 2270 pivot.

Short term momentum
was extremely overbought at today’s high.

Best to your trading!

S&P 500 - Futures Charts (Hourly)



S&P 500 - Futures Charts (Daily)










































































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

http://finviz.com/futures_charts.ashx?t=ES&p=h1

http://finviz.com/futures_charts.ashx?t=ES&p=d1