EOD Market Update SPX500 & SLV 9/25/2017

in #investments7 years ago (edited)

Summary: The S&P touched the upper inertial line right on schedule according to the algo model so we will see if we make the climb up to the ATH target of 2517.3 or if we turn around just before the London open and take a slingshot ride down to the waveform. Use a 9-49 EMA as your trigger. Silver (SLV) bounced over resistance at 16.10 but remains in the pullback channel so keep your stops tight if you are long. I still see a better opportunity to go long at 15.79 right around October 2.

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