DECEMBER S&P 500 TARGETS
TARGETS
S&P500
THERE IS A POTENTIAL HIGHER HIGH OF ~2800 (See Below) BY Q2 SPRING 2018 EARNINGS SEASON
[A Break of 21,800 in the DOW Would Indicate a Final Top Is Likely In]
(The Final Lift Could Be higher with a Coordinated Central Bank Rejection of Quantitative Tightening - QT)
WE REACHED OUR INTERMEDIATE TOP TARGET AND ARE PRESENTLY DOING A CLASSIC THROWOVER
WE CAN NOW EXPECT A YE / YB CORRECTIVE CONSOLIDATION
INITIAL SCARE ~ 2.5 -4% ( Our Original Intermediate Target ~2573)
CONSOLIDATION INITIAL DOWNSIDE MOMENTUM TEST ~ 8% ( ~2466)
CORRECTION ~ 13 - 14%% (~2300)