vrijdag 2 juni 2017

Friday Market Observations

# The SPX finished a sharp "wave 2" correction on 5/17 and we made all-time highs on 6/1 after finishing a brief EW a-b-c correction from the 5/25 New Moon into early 5/31. We are expecting a 8-10% correction in the SPX from June to July.
# The high-energy geo-cosmic 6/1-6/2 Turn Window is pulling the DJIA and SPX into new high territory and Thursday's ADP jobs report argues for a strong 6/2 NFP report on Friday....