XJO breakout imminent

2020년 10월 13일

S&P 200 (XJO) is currently pulling back at resistance, but has formed a great looking Darvas box. If it can break above 6200 and hold support, we are going to around 6650.
A fib extension still puts the next move to 6300. I expect a pull back to test 6200 support, then resumption upward. After that the next extension is just above the ATH.
This is also forming the start of an Elliot wave after the counter trend move (consolidation).

2020년 10월 15일

노트

Still a few resistance to get through before it's smooth sailing, but looking good so far

2020년 11월 23일

노트

Took its time and an extremely annoying dip, but it got there