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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 684.45+0.1%4:00 PM EST

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From: POKERSAM4/23/2015 6:57:42 PM
2 Recommendations

Recommended By
DD™
GROUND ZERO™

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A new ATH of 2120.49 today has finally answered the question of Primary wave [4]. Primary wave [4] ended in a triangle at 1980. Till today it could have gone either way. See chart. The key was what would happen at my target of 2070-77. We hit 2072 and went to a new ATH. over lapping the previous high at 2119.59.
My last targets were for the expanded flat scenario which is now off the table.
So what does this mean? The target for Primary wave [5] and the end of Cycle wave III is about 2314.
We have nested 1.2s up from 1980.90 and after a small dip to about 2103 we will launch higher.

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