The "roadmap" at left reflects my current thinking on where the cash s&p500 is headed over the next couple of months. It may change tomorrow but I am one who needs this kind of concrete "view" to help me along the way.Note that I now think that we are forming an Elliott Wave Zigzag pattern from the high into a proposed October/November bottom. Wave "B" of that Zigzag (which we are in now) is a contracting triangle.
I'll keep this "bigger picture" in mind and update it as necessary as we go forward.
Cheers and enjoy the rest of your weekend!
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