The predicted target is reached again today

The predicted target , 1100, is reached again today ! S&P 500 hits a new high 1105 today ! So amazing ! Please follow the link to see previous predictions and the chart at that time.

Today, the trap-zone get expanded in both price and time dimensions. please refer the chart below



With regard to the long term US stock market view, my bold predictions in September, 2009, are still valid, and work amazingly well to date.

6 comments:

  1. It looks bearish to me for now. I got out of the market today.

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  2. It may drop to the lower boundary of the trap zone. But, unless the trap zone is broken down, no worries, at least.

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  3. I hope S&P 500 is not building double heads.

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  4. I suspect the US dollar is building bottom and stock market is building top. This needs 1 or 2 more weeks to confirm.

    JZ

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  5. Yes. I noticed the US Dollar is super strong today as well !

    More analysis later.

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