The graph shown raises the bull-market target we’ve been using by 260 points, to 6689.25. It is not a done deal like the lower target at 6429, since penetration of the midpoint resistance at 6250 was lazy rather than decisive. Even so, there is no instance over the past 16 years when raising our sights has turned out to have been overly ambitious, so we are just playing the odds. Currently, a swoon to the green line (x=6031), however unlikely, should be bought aggressively, but you needn’t wait for it, since intraday swings are providing plenty of opportunities to get aboard. Some subscribers may be long from around 6244, predicated on a move to at least 6429. If you identify yourselves, I may be able to provide tracking guidance in the chat room.
ESU25 – Sep E-Mini S&Ps (Last:6334.25)
