A SPI chart and a few thoughts on a Monday price.
Triangle at about 6008.
0.618 of the above range is 6001.
Equal correction to Feb is 6016. Mclaren says corrections should get smaller so larger will be a bad sign.
Initial down move last May was 2X228 or 456. That gives 5996.
Next lower is 100% of upper range at 5894.
These are only targets for tomorrow and I expect we will see much lower numbers beyond.
monday madness, page-53
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