Added:
AMZN-5MIN
GS-15MIN
AAPL-5MIN
QQQ-15MIN
USO-DAILY
SPX-MONTHLY
SPX-DAILY V
Updated:
SPX-DAILY II - changed wave count on current leg down from 1460
SPX-30MIN - more targets added
GLD-DAILY - note added
This will be a week of a strong run up or down. I believe there will be a run up because all the charts are looking bullish except for weakness on the SPX-WEEKLY (which can be bear fakeout).
Unless SPX moves <1390, consider the current leg down as just a bull pullback. So it's not time for bears to rejoice yet even though the long-term picture (MONTHLY & WEEKLY)is in their favor. Consider 1390-1480 as neutral zone.
FOR MONDAY:
Currently at 1411.74, look for SPX to go to 1430-1435 if it moves above 1416. Also look for bullish opportunity if it drops to 1402. See the 5MIN chart for more info.
