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trader53

02/25/17 6:50 AM

#109387 RE: trader53 #109339

S&P 500 - for Monday, February 27, 2017


https://caldaro.wordpress.com/

Friday Update

Posted on February 24, 2017

____________________________________________________________


LONG TERM: Uptrend

A New Bull Market - Primary III Underway

We are currently expecting SPX 3,000+
in the next 2 to 4 years


____________________________________________________________


MEDIUM TERM Uptrend

SHORT TERM: gap down opening then rebound, DOW +11

____________________________________________________________


The market gapped down at the open
for the second Friday in a row.

Last week the market hit its low
in the first few minutes,
then rallied to close the gap
and end at the high of the day.

Today the market also made its low
in the opening minutes,
rallied,
and also made its high at the end of the day.

While the market did pullback 15 points
from yesterday’s SPX 2368 high
it still did not register an RSI oversold condition today.

Relentless uptrend.

Best to your weekend,
weekend update tomorrow am.









S&P 500 - Futures Charts (Hourly)



S&P 500 - Futures Charts (Daily)










































































Since 1929 there have been 13 bull markets
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116564037


http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=1&mn=1&dy=0&id=p83822707561

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=1&dy=0&id=p43140782454

http://finviz.com/futures_charts.ashx?t=ES&p=h1

http://finviz.com/futures_charts.ashx?t=ES&p=d1