xjo weekend zoomba lounge, page-16

The USA has yet to catch up to its September highs, which have been surpassed by the Dow transports, Germany's DAX and even our humble XJO.

But tantalisingly close, and within reach of the all time high too..

The SPX has an inverse head and shoulder pattern. If it plays out it will take out the all time high of 2007, 1576.09

Even if the last range repeated, it projects to 1500 minimum

and zoomed to a daily

The spoiler a little pullback should happen first, and the Vix is hinting at this.

VIX is at a rebound bottom, and after falling 40% in the last week hasn't much further to fall.