Sat Oct 22

SP500 weekly chart – smaller megaphone wedge looks bullish.

Market consensus became clearer on Friday so back to the original
bullish analysis and SP500 weekly chart reverts to bullish/neutral.
So equity sell off been delayed once again and additonal upside
ahead.

The larger megaphone enclosed by green lines reveals an unstable
market and is bearish. It may result in a giant head and shoulders
forming once possible right hand shoulder is completed. Long term
monthly chart remains bearish.

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I read comments but they're not published. Troll IPs are automatically trashed. [crinia AT gmail DOT com]

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