Sunday, 3 November 2019

S&P 500 Index (updated 8th Nov)

 The recent price action gives the ending diagonal option further credibility.

 

The ending diagonal view supports the conclusion of Primary [5] and requires an appropriate assignment of the Cycle degree labeling.





From 3rd Nov.:
The S&P 500 has repeatedly refused to obey the local customs for projection. But when all the refusals are exhausted the projection will still remain. And we have been repeatedly shown what to expect as soon as the punch bowl is taken away. Rumor has it that the longer they take to admit their insanity, the more insane the markets are going to be.



LINK:   Spot Gold Chart, XAU/USD

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