This sell off has been tracking the 2011 correction very closely. Back then around this same period the market made it’s final drop to make a lower low of 1074 SPX before the 4 year rally. This time around I don’t think they will repeat it. I think we are going down into this Thursday/Friday to make a higher low (1890-1920?) and then start one more powerful rally up into mid-November before topping again.
Quick 5 minute video on the ES Futures: http://screencast.com/t/xRF57kP67
ES Morning Update October 7th, 2015 – http://screencast.com/t/cxK97uH0l
SPX End Of Day Update: http://screencast.com/t/aYYC4HbJQ
ES Morning Update October 6th, 2015 – http://screencast.com/t/SsAR8fyDa
SPX Update http://screencast.com/t/r8OxN6umzNB
This sell off has been tracking the 2011 correction very closely. Back then around this same period the market made it’s final drop to make a lower low of 1074 SPX before the 4 year rally. This time around I don’t think they will repeat it. I think we are going down into this Thursday/Friday to make a higher low (1890-1920?) and then start one more powerful rally up into mid-November before topping again.
SPY FP: http://screencast.com/t/y3QJCikqJ
ES Morning Update (with SPY target) October 5th, 2015 – http://screencast.com/t/7U6eitk9eK
SPX End of Day Update October 2nd, 2015 -http://screencast.com/t/ggAjK2g0Hk
ES Morning Update October 2nd, 2015 – http://screencast.com/t/hdiJzs18NE