Replies to post #5058 on ajtj99's Market Pulse

[sylvester80]

2 SPX channels could be in the works: 1 has a target of 1005 to the upside, 1 has a target of 963 to the downside. If we take out Friday's high of 994.25 that will be good for the 1005 one. If not, 963. JMHO.

[ajtj99]

That looks like an inverse H&S on the SPX that appears to measure to around 1006.

Some may also see a cup and handle there also.