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S&P 500 - WAITING FOR THE BUY

Clients of mine with a copy of Trading with the Time Factor - volumes 1 and 2 received an email from me about a month ago identifying two key time frames to watch in the US equity markets.

The first was 8-10th of August and the second was 24th.  So far, the top in the S&P500 was reached on August 23rd, so the timing calculations were accurate to within a day.

The next major time frame to watch is for the end of September (I think it will be around the 26-27th).

SP500 - 10 Sep 2016

click to enlarge

The price range of 2060 to 2065 might represent an interesting place to initiate new longs for US equities.

As I have mentioned for over 12 months now, my WD Gann Road Map has expected US equities to trade higher through out the last quarter of 2016 and into 2017.

You can read more about the WD Gann Road Map for 2016 and 2017 by clicking here.

Until next time...

GOLD - No reason to panic... yet
MYER HOLDINGS - THE WRONG TIME TO BUY
 

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Sunday, 23 February 2020

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