A Tale of the Target

For months, this region of the market has been a target ever since bottoming at 1340. Some of you thought I was crazy, and some of you tuned me out with such targets. Well, here we are. I provided you with a red zone box, which should drive home the significant resistance in this region. So, what is the market going to do now?

There's a potentially bullish count pointing to the next higher Fibonacci extension confluence zone. And, when the market has a possible bullish pattern set up like this, as ugly as it may be, it will usually gap up and over resistance zones like this....127 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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