Today, I have two important charts here. Let us see SP500 first, without caring the 9.8% jobless rate, SP500 now is at a very important point. Like last time said, if we can see next several days confirm break the 1220, next target will be the 1300-1310. A standard Cup With Handle is shaping up!
Suppose the DJ can go up to 11860 area. Then we need a Dec and Jan bull run to make this happen. DJ needs several days rest in next week, as I think it ups too fast in last three days.
After it can reach the 11860, we must be very careful over there, because it has high chance to shape a small MACD divergence there.
After it can reach the 11860, we must be very careful over there, because it has high chance to shape a small MACD divergence there.
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