Quote from ammo:
andy askey at www.ptv-investing.com has may 10 as the end of this market cycle and then down big,he called 11/18 and 3/17 ,he says we may not make it to 5/10 due to lack of volume on this up wave, first stop 1363 and then into the 1200's,based on elliot wave and gann, that's a rough rendition due to high quality for lack of getting nailing the details on my part
Interesting, thanks. there is no fear in this market, vix/vxo at multi month lows and atrs are squeezed. This has the signature of nearly ready to roll over. However, if the long term trend changes, we won't see the 1200's for a while.