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trader53

04/20/18 4:07 AM

#151561 RE: trader53 #151425

S&P 500 - Symmetrical Triangle

Friday, April 20, 2018

Symmetrical Triangles - Explained
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139529217

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Thursday update

Posted on April 19, 2018

by tony caldaro


REVIEW

https://caldaro.wordpress.com/


LONG TERM: Uptrend


MEDIUM TERM: Downtrend has bottomed

Minor wave 5 and Int. iii
recently ended in January 2018,
and Int. wave iv began at that time.

Before this bull market ends,
Intermediate wave v
should be making New all-time highs.

The wave structures of the DOW, the NYSE,
and even the DJW index
suggest at least one more wave higher.


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SHORT TERM: Minor wave 3 is now underway

We posted
Minor waves 1 and 2
at 2672 and 2586
respectively.

Minor wave 3 is now underway .


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http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=3&mn=0&dy=0&id=p16291900332












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