Replies to post #33344 on The New CS Board

[etalors]

if the 3100 target is to be reached. It should be either in the latter part of august 2019 or 2020. Market energy is showing a dismal situation in the fall. The reason I say 2020, is because it is closer to the election. Makes more sense.

[Oddlot]

SPX status: Fri close 2932. Cyclical objs 36day 3050, 72day in flux because slope of hourly cma has flattened with too small a history to extrapolate with confidence but obj from FLD is 3090, 216day 3130.

Plenty of potential as long as price does not drop below 2880 area, which would lead to obj for 72day cycle of approx 2740. The 36day FLD downside target of 2920 area was filled.

Pnf obj for 10min atr is 2980, so a near-term bounce is a likely outcome.

Holding long SPX from 2938.6

Oddlot