OCTOBER S&P 500 TARGETS
TARGETS
S&P500
INTERMEDIATE TOP ! ~2570
THERE IS A POTENTIAL FINAL 2018 LIFT TO ~2575 (Likely A Double Top) BY Q2 SPRING 2018 EARNINGS SEASON
(The Final Lift Could Be higher with a Coordinated Central Bank Rejection of Quantitative Tightening - QT)
CURRENT S&P 500 SUPPORT FOR NEAR TERM RETRACEMENTS ARE:
INITIAL DOWNSIDE MOMENTUM TEST = 2360
CONSOLIDATING SUPPORT POSSIBILITY IN Q3 2017 = ~2300
CRITICAL WAVE SUPPORT = 2130
[A Break of 21,800 in the DOW Would Indicate a Top Is In]