predictions for tomorrow and indices, page-3

Looks like a bullish breakout. The first chart shows 3 touch points and once a breakout happens after that, although the market might return to the line it rarely breaks it.



There are a few other flies in the ointment. The second chart shows a channel that has been significant not only during this congestion but earlier. No breakout there yet.



Also The CAC40 and Nikkei are perfect in their rallies as far as equal legs and Fib ratios suggesting it's either over or a pullback is coming.

SP500 targets by many are seen as 1295-1300. One more day up would see the VXO at the same levels as the May and July tops. It may just need a pause for a bit.