SPX Top
If you believe in drawing straight lines and making something out of them, than this chart if for you. The Fib extionsions from the 2015 high/2016 low had the market extend to 2335. See my previous posts. If you follow this trend line from top of 2008, than that puts the market top right around 2350. Close to the fib extensions. Also the SPX posted a hangman for today on the daily chart.
May be the sign of the top??!! Still lots of bullish strength.
May be the sign of the top??!! Still lots of bullish strength.
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