JULY S&P 500 TARGETS
TARGETS
S&P500
THERE IS A POTENTIAL 2017 FINAL LIFT TO ~2550 BY Q3 FALL 2017 EARNINGS SEASON
(Based on the MAJOR Trump Tax Announcement ACTUALLY BEING ENACTED BY Q4 2017)
SUPPORT The 2550 lift appears to be beginning a 5 wave advance with us presently in wave 1)
Wave 2 and 4 will be corrective retracements with one being deeper than the other
CURRENT SUPPORT FOR THESE RETRACEMENTS ARE:
INITIAL DOWNSIDE MOMENTUM TEST = 2360
CONSOLIDATING SUPPORT POSSIBILITY IN Q3 2017 = ~2300
CRITICAL WAVE SUPPORT = 2130