Wednesday, August 2, 2017

August 2, 2017 Update

Updated 11:49 EDT:

The current pattern suggests that we might make a new high into the upper 2480's SPX early Thursday and then sell-off hard.  Transports making bear flag into early Thursday. Downside support near 2450.

A secondary top should be forming around early Wed August 9 at the latest.This would put the final 80 week low out as late as Tuesday August 15 IF August 9 is THE secondary top.