There is an Elliott wave pattern that could complete in the 2274 - 2278 area. SPX may reach this area and top just as Trump is being sworn in at 12:00 Noon ET.
If 2278.70 is exceed the SPX could make a run at a new all-time high. Use SPX 2285.92 as the stop loss area.
I will do an update on the SPX after the close on 1/20/17.
Mark
Kommentare
wilsee
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Great call ! Hoping the gap up today turns out to be finally an exhaustion gap.