anon10, if you read my $SPX forecast Charts above, your forecast is in same general area. Yours of course with different but reasonable reasons.
The 1250-1225 area maybe the upper bound for awhile or it maybe the height of my Wave03, with maybe more above that to complete Wave05.
in time we shall see, that is why i left those charts from July so we can see if the Forecast comes true.
Trade at YOUR OWN: Risk, DueDiligence, RiskTolerance. Trading Responsiblity is Totally Yours!
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Be Lucky, Chichi2