fredpui

$SPX the bottom is in - Aug 19

Long
SP:SPX   S&P 500 Index
I am reporting this Spx chart as per my previous, i predicted that the market will top on Aug 13 and move down until Aug 19. Well, turned out that the market made the top on Aug 16 which is 1 trading day later. (Actually my key date was Aug 14 but because this is a saturday so i moved it one day earlier). When key date falls on a weekend, it's either one trading day earlier or later. In this case, it's the latter.

SPX gapped down and pull up strong after the 1st hour.

I am calling Aug 19 the bottom and we should be seeing another leg up.

*not a recommendation.

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