-1). Dec 7 late night update 10:55 pm ET: for $rut, (chart)that is the only "technical" we need to know on the ...! (the rest is noise).
0). 9:17 am ET: pre-market ...
1). 10:10 am ET: as updated yesterday pre-market, the expanding measured upside already reached at 1235, it's history & closed.
the trend has changed to down, spx is going down, just floating here back testing the expanding lower line a bit and relieve oversold TICK before strong down.
2). 10:27 am ET: as shown on the chart, both the time cycle(T cycle) and price target (upper line of the pitch fork) has reached yesterday at 1235; matching yesterday's pre-market and market open chart analysis.
here the initial target is the mid line of the green pitch fork. after that will be the lower line of the pitch fork as second target.
imho, i am confident, the Top is behind us.
3). 11:45 am ET:
GOLD or GLD technicals:
the 3 techniques i use on the chart, imho, are not used or familar by other public or private services. the printout of the textbook is inserted into the chart. it's very interesting GOLD or GLD is "exact" carbon copy of the textbook case, while nobody use this technique, including the textbook author......
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