Market personality of late looks to continue. We rally come back to a pivot and rally again. Yesterday B/S pivot was 1108, not to worry I said, today it’s 1112 possible we hit it before a close higher. Just happens to be a ballpark 50% retrace.
I keep saying spx 1168 is doable. If W(2) 1060-W(3)1125 is 65 points,W(4)1101 +65 =1166
As long as the vix is in a down trend and my 3 price based cycles are in up trend, how can I get bearish? Bulls are rare so far.
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