Quote from Rashid_G.:
Guys... Junior trader here... I see these 1091 and 11xx thoughts.. This used to be a perennial bear thread.. now up up up?? SPX just broke bear flag (1070 was a nice re-kiss) AND new year closing low.. Flag measures down to 975 area (1175-1075)... Looks like 1020 should be here pronto... Vol and Wave please detail why the higher thoughts (prelim to lower?)
Granted markets rarely do the obvious... Also prediction mostly time wasting...
1020 -1150 range for next few months
950 - 1250 extreme