SPX targeting 4000 + upper line of the channel, DO not

underestimate the middle line of the channel.

wish you all the best.

Komentarz:

Hey guys,

" Covid live updates: Trump continues push for $2,000 stimulus checks after signing relief bill ".

Welcome upper line channel. we need to break out of the middle channel line. it is quite strong then 4200s. Just watch for hospitalization #s !!!

wish you all the best.

Komentarz:

Guys, just 2 Months for a break out down or up SPX is getting squeezed between lower channel line and last resistance line after that nothing to hold SPXwhat so ever. we shall see how this plays out.

Komentarz:

Hey guys,

Remember the song "It feels so good", well it feels so good when your targets are

reached ;-). You think you've nailed it ;-) . Anyway, our weekly lower line is quite

strong. We almost touched it for the third time, i guess "liquidity" did not allow it.

We have strong resistance here, middle line of the channel. But who cares about

such a line when M2 is sky rocketing liquidity is breaking every thing that

stands in its way so far. Elliott wave is just ready for a pullback, but i guess all

Elliottions will change there counts to Alter. if we do not get it. we are 85 points

from our first target for this " Text Book " channel. If this hold with time, our

upper line of the channel stands today at 4430 !!! and increasing every week and

should be our second target.

wish you all the best.

Komentarz:

4-5 weeks in this little tiny corner between resistance line and the lower channel's line we will have a break out Bullish/Bearish in the next 4-5 weeks if not before.

Komentarz:

Possible 3ed touch down of the channel's lower line. John Murphy in his book talked

allot about the 3ed attempts in every thing regarding support/resistance/

channels.... Well this is live example of it.