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Replies to post #109339 on Triple 000 and Sub-penny Chart Plays
trader53
02/25/17 6:50 AM
#109387 RE: trader53 #109339
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.