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Re: JUST WAITING post# 98253

Friday, 10/07/2016 5:13:38 AM

Friday, October 07, 2016 5:13:38 AM

Post# of 245805
S&P 500 - for Friday, October 7, 2016

https://caldaro.wordpress.com/

Thursday Update

Posted on October 6, 2016


LONG TERM: Uptrend

A New Bull Market - Primary III Underway

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



MEDIUM TERM choppiness continues

SHORT TERM: lower open then rebound, DOW -13


The market opened lower today,
hit SPX 2150, then rebounded.

The choppiness continues
heading into tomorrow’s monthly payrolls report,
with an eye on C-4 hurricane Matthew.

Still believe the market needs to retest the 2116 pivot,
or slightly lower,
before it can start impulsing again.

Short term support
remains at SPX 2142 and the 2131 pivot,
with resistance at SPX 2164 and the 2177 pivot.

Short term momentum
rose above neutral after hitting oversold this morning.

Trade what’s in front of you!





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



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