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S&P 500
5,718.57
(
0.28%
)
US TECH 100
19,303.60
(
0.03%
)
Dow Jones
42,124.65
(
0.15%
)
Brent Oil
73.64
(
-0.33%
)
Bitcoin
63,344.12
(
-0.44%
)
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gdl

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gdl

Re: gdl post# 34172

Thursday, 01/11/2018 8:04:53 PM

Thursday, January 11, 2018 8:04:53 PM

Post# of 52871
We are approaching the next momentum ceiling. SPX 2780. IF, let me repeat if we hold at 2780 it could likely be the 20 percent correction I have been touting since December. A correction of this sort usually lasts 5 months, followed by the last great rally.

2780 minus 20 percent = SPX 2225 or so.

Obviously this only holds if the next momentum ceiling holds.
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