We make new high. And we saw a big move down after Fed statement. Most likely we draw the fourth wave. But I think we need to make last high. We were just on top of the bigest attraction, open your eyes and catch the buzz. Because it is the end of the economic cycle.I believe it will be a long decline.
@EXCAVO, Hi Excavo - nice chart. So you think this move is merely a ST correction, hence your potential TP 2175, before a final upleg or perhaps two more up legs, before the climatic fall???
gaptraderhq
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@EXCAVO ... What do you mean by this??? "Because it is the end of the economic cycle .I believe it will be a long decline". Are you meaning the market as a whole going into Q1-17 or the US in general?