Replies to post #5997 on E-Wave for the S&P 500 Index

[RCKS]

"...SPX has continued holding its key near-term support zones, which is bullish as long as it continues:..."

http://www.pretzelcharts.com/

Not much has happened in terms of price since last update, but SPX has continued holding its key near-term support zones, which is bullish as long as it continues:



Intermediate term:



And long-term:



In conclusion, to reiterate my longer-term stance since September: As long as SPX continues holding the breakout over blue and black in the long-term chart (final chart), there's just nothing for bears to get excited about, and the trend remains up. For perspective, the ~9000 SPX target remains live as long as that breakout holds. Trade safe.