Jul 31, 2015
I suspect that the SP500 is in the middle of a triangle. If I am right expect choppy and boring August unless you are short term trader... nothing different than the previous 8 months:) It looks like we have 5 waves higher, pullback should follow probably to support 2080-2085. Another leg higher with the same size and SP500 will hit the previous highs 2130-2135. One final pullback from resistance the previous ATHs will finish a triangle.