Here are all the posts re: 1770 SPX and 1800 SPX targets for XMAS rally.
http://khalsaspad.com/forums/search/1800+SPX/
They make interesting reading in that although 1770 SPX was expected, it was not expected in a straight line.
1800 SPX was for XMAS (which is 2 months away).
So now we have done 177x.x SPX will we retrace and does it all tie in with KT thread.
The more vicious it looks and the more nasty up it looks today, the more I feel it will be a top and can retrace.
The problem is the FED spike. Will it / won’t it happen?
Its all very well having a plan like this, but catching tops always has been a mugs game.
Plan your trade, trade your plan!