SPX Tripple Top Reversal Scenerio

4 Tem 2016

This past 2 years we have hit the ~2100 resistance pretty hard in the S&P 500. We are getting closer to the support line of the 2008 crash. If we pass that support line there is a chance for a Tripple Top Reversal. Price target is determined from taking the range of the tops, and subtracting it the green support line.