Market Data 
Markets
Replies to post #101341 on Triple 000 and Sub-penny Chart Plays
Thursday Update
Posted on November 10, 2016
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LONG TERM: Uptrend
A New Bull Market - Primary III Underway
We are currently expecting SPX 3,000+
in the next 2 to 4 years
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MEDIUM TERM Uptrend
SHORT TERM: Gap Up - then choppy day, DOW +218
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The market gapped up at the open today
and rallied to SPX 2182.
It then dropped to SPX 2151
by the first hour of trading.
After that
it remained in that wide range
for the rest of the day.
At today’s high,
as noted yesterday,
we could count five small waves up
from SPX 2084-2182.
The large pullback that followed
suggests this count could be correct.
The market has rallied 98 points in just four days.
Also,
while the tech sector was hit with selling today
the SPX/DOW are both in confirmed uptrends.
Short term support
is at the 2131 and 2116 pivots,
with resistance at the 2177 pivot and SPX 2194.
Short term momentum
ended the day just above neutral.
Best to your trading!
