US 500
Long

SPX Path to 4600 by Thanksgiving

396
Hello traders. I called the bottoming rally yesterday which confirmed my ATH by EOY idea. But first.... Using TA that includes fibs, channels, Elliot Waves, Trendlines, and lots of experience I have shown what I believe to be the approx. path the SPX will take to reach 4600 by Thanksgiving. I also include indicator that detects squeeze's which are just like they sound...pent up demand and when released they can propel stocks with greater force in their chosen trend direction.

Also on my chart I include full and new moon. The Full Moon is color Green which is considered a bullish period till the new moon when is colored red. The Bearish period is from New Moon in red to Full moon in green.

Also in purple I include the sine wave which depicts the trend direction of that wave which more often than not directs the stocks direction during that period.

Hope you like my idea... I confirmed it with lots more tools to be sure of the accuracy.

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