S&P 500 - Symmetrical Triangle BREAKOUT https://investorshub.advfn.com/uicon/155361.png?cb=636663556275030000 _________________________________________________________________ S&P 500 - for Monday , October 15, 2018 _________________________________________________________________ The Kick-Off Months in the OTC - Jan/Feb - Jun/Jul https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137701925 _________________________________________________________________ The SPX , NAZ , NDX , TRAN all continue to make new all-time highs. Still expecting all indices to reach all-time new highs before the bull market concludes. We are currently expecting SPX 3,053 Generally in line with our mid-2016 target of SPX 3,000+ by 2018+ https://caldaro.wordpress.com/ ________________________________________________________________ https://stockcharts.com/c-sc/sc?s=%24SPX&p=W&yr=1&mn=5&dy=0&i=p84499328034&r=1528446307556 ________________________________________________________________ Symmetrical triangles are usually continuation patterns with converging trend lines. Ideally, a stock breaks out from a symmetrical triangle prior to reaching the apex of the triangle with volume expansion. Chart Patterns http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns Symmetrical Triangle (Continuation) http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle_continuation http://thestockbandit.com/symmetrical-triangle/ http://thepatternsite.com/st.html https://investorshub.advfn.com/uimage/uploads/2017/2/15/tfrceSymmetrical_Triangle_1.png _________________________________________________________________ Trend: In order to qualify as a continuation pattern, an established trend should exist. The trend should be at least a few months old and the symmetrical triangle marks a consolidation period before continuing after the breakout. ________________________________________________________________ Price Target: There are two methods to estimate the extent of the move after the breakout. First, the widest distance of the symmetrical triangle can be measured and applied to the breakout point. Second, a trend line can be drawn parallel to the pattern's trend line that slopes (up or down) in the direction of the break. The extension of this line will mark a potential breakout target. _________________________________________________________________ https://investorshub.advfn.com/uimage/uploads/2017/2/15/tfrceSymmetrical_Triangle_1.png https://finviz.com/fut_chart.ashx?t=ES&cot=138741,13874A&p=d1&rev=635706094042193689 https://finviz.com/fut_chart.ashx?t=ES&cot=138741,13874A&p=h1&rev=635709018989210743 Symmetrical triangles are usually continuation patterns with converging trend lines. Ideally, a stock breaks out from a symmetrical triangle prior to reaching the apex of the triangle with volume expansion. http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle_continuation http://thestockbandit.com/symmetrical-triangle/ http://thepatternsite.com/st.html _________________________________________________________________ https://investorshub.advfn.com/uimage/uploads/2017/2/15/tfrceSymmetrical_Triangle_1.png https://stockcharts.com/c-sc/sc?s=%24SPX&p=D&b=3&g=0&id=p11621680044&a=67199587&r=783 https://investorshub.advfn.com/uimage/uploads/2017/2/15/tfrceSymmetrical_Triangle_1.png http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=1&mn=5&dy=0&id=p84499328034 http://stockcharts.com/c-sc/sc?s=%24SPX&p=W&yr=1&mn=5&dy=0&i=p84499328034&r=1528446307556 ________________________________________________________________ https://investorshub.advfn.com/uimage/uploads/2017/2/15/tfrceSymmetrical_Triangle_1.png https://stockcharts.com/c-sc/sc?s=%24SPX&p=D&b=3&g=0&id=p11621680044&a=67199587&r=783 http://stockcharts.com/c-sc/sc?s=%24SPX&p=W&yr=1&mn=5&dy=0&i=p84499328034&r=1528446307556 https://stockcharts.com/c-sc/sc?s=%24SPX&p=D&yr=1&mn=3&dy=0&i=p09678522003&r=1446542025168 https://stockcharts.com/c-sc/sc?s=%24SPX&p=W&yr=5&mn=0&dy=0&i=p77937833857&r=1446541369256 https://finviz.com/fut_chart.ashx?t=ES&cot=138741,13874A&p=m1&rev=636365517037664961 https://investorshub.advfn.com/uicon/155361.png?cb=636663556275030000