Sunday 29 March 2020

S&P 500 Index Update 7th April

Update: 7th April pm:
The first take was good. Targets in narrow range are equal legs ABC, 1.62 extension of A and 68.2% retrace (A).




LINK: Gold chart update 8th April


From: 6th April am:
Turning down for B of (B) expected



From 30th March am:
Here is a contribution to the speculation. 
The daily RSI on the S&P 500 index favors some further price levitation.  The typical target for an equal legs Primary [A] from a 38.2% retrace is shown.


Below is a 4 hourly chart for the S&P 500 futures index where a typical projection for (B) of a 61.8% retrace is shown.




LINK:  The Supercycle





My wave numbering

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