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S&P500: More Upside Could Follow

Discussion in 'Technical Analysis' started by Kaitlin, Feb 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    S&P500 is still trading higher, now already in red wave iii) of iii-circled, that could ideally reach levels around 1972, where even our fibo. ration of 161.8 projects a minor turning point into wave iv-circled. That said invalidation level is at 1938.67 as long as price trades above this[​IMG]

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