look at muni, that's the next catalyst for U.S.! coming soon ...
what did Meredith Whitney say on Municipal Bonds?!
blue wave 5 is with the blue fifth wave extension, around Fibonacci 261.8% extension with the micro term green trend channel. the final move is with a red micro ending triangle diagonal with a bit of truncation. late in the day, back tested the lower wedge line twice as micro wave ii correction.
yesterday's 1290 bottom was on 261.8% extension (presented yesterday pre-market & early).
today's 1315 top is on 261.8% extension..
top vs. bottom with Fibonacci 261.8% extension.
here is the micro term.
much more on short term, medium and intermediate term on $spx, $rut, $ndx, $vix ... big pictures and top/bottom cycles, target prices. all real time updates during market hours.
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