On October 26 th ,which is point (A) in the chart below, I showed a long term road map for theSPY(S&P 500) with 3 possibilities in the topping process : red,blue & green ! Until today .. the blue scenario is the only one who has worked perfectly (Click Here). In this blue scenario I had anticipated a possible double topping pattern .. which is still a possibility if we fail to make new highs in the next trading days. As far as green and red are concerned I had just made new projections since the old ones are no more valid ! I hope this helps .. and I'll see you after the markets opens !
