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posted on 21 July 2017

A Precise Target If SP500 Is Goosed

Written by , Rick's Picks

A rally with exactly 40 points of potential - equivalent to about 320 Dow points - looms if the futures are going to fulfill the 2512.00 Hidden Pivot target shown in the chart below the Read more >> jump.

rick.picks.2017.jul.20.caption

However, the move through the midpoint pivot at 2457 was labored, implying that a quick ascent to 2512.00 is somewhat unlikely. Accordingly, we should be ready for a ‘surprise’ reversal, which would begin to look menacing if it exceeds 2448.00 to the downside.

Click for large image.

rick.picks.2017.jul.20

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