Friday, September 25, 2015

MTU Weekend Ed. - Higher Lows and Potential Retest Low (?) (9/25/15)

Since the August low, SP500 has been able to make higher lows (Chart 1). In addition, a five-wave upswing (new uptrend, degree to be determined)is potentially present since this past week's retest low (Chart 2).

Chart 3 and Chart 4 present bullish and bearish scenarios since the August low.