Wednesday, October 14, 2015

S&P500 yet to achieve the 2035/45 'Kill Zone'; Clear & Present Danger.....NOW?

S&P500 Daily Chart @ Close 10/13/2015
                      An ideal retrace into the 'equality'  (C= A) @ 2025 & 38% retrace @ 2032 has yet to be scored; 2022 the best of it (so far).
An OUTSIDE- Down Day is NOT in the script & together with sizable Reversals & Losses across a broad spectrum of sub (SML/ RUT/ Trans) & global indices (BOVESPA)....it's HEADS UP time!
It may all be part of a larger 'conspiracy' to frustrate both the dip buying Bulls & 'Put'ted' up Bears.
That said; below 1925 & the 'Crash' sequence could well be underway.