AAPL looking bearish LT, bullish ST.
Banking stocks look bullish. Breakouts being tested now. FAS?
/DX is a temporary resistance, but I have a target of at least 80 within a month. Perhaps a drop to 77.2 before further rise?
PMs look like more consolidation/ fall necessary (esp in Silver).
So, correction takes another 2 weeks? Then rise to 1250. Should get a tradable bounce on Monday/Tuesday from 1185 to 1190 on the ES.
Then 1210 then 1168 on SPX.
Final wave up to 1240-1260 in March? Double top on the NAS which will lag.
Targets:
Wave 4 Path (# 1 - 3 below)
1. 11/13- 15 - SPX ST bottom around 1185-1190; DX ST top 78.7 to 79.2. ZSL 14.8 - 15.5. SLV 24.2.
2. 11/16 - 11/18 top at 1210. DX bottom at 77 - 77.4.
3. 11/25-30 or so - SPX bottoms 1170 or so. DX 80.3. ZSL 18. (SLV 22.5).
4. Wave 5. SPX rises to 1250 +.
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