Courtesy of The PPT, here are two ideas to keep in mind as summer winds down.
Both stocks have excellent seasonality scores for the month of September.
See data below.
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Indeed ….
Per my wave guy, Tony @ OEW;
“If Minute waves iii, iv and v top at 1.618 times Minute i, Minor 3 [current wave] should reach SPX 2000.”
“For the entire uptrend we noted four levels last weekend: SPX 2003, the 2019 pivot range, SPX 2028 and the 2070 pivot range. Just some numbers to keep in mind in the weeks ahead.”
Once we reach that new high (bet on a pivot @ 2019 or 2070) then you can put on your bear suit for a more meaningful and lasting correction … say 10-20% before the final leg of the bull resumes.