As the monthly correction is happening and most likely will be reaching for the bottom of 10,600 or so here is my long term. After the monthly correction I can see a strong run towards new yearly highs, most likely haulting around the 12,500 top in sept, 13ish in oct and 14ish or skying after it breaks the barrier to find a new ground in November. After we pass the 14k mark it can land anywhere between 20k fast most likely stopping short before making long swing runs. I recommend low leverage or spot trading especially in the big swings so you dont get liquidated on the big jumps. Better to catch the spots of course to maximize gain but Im becoming a bigger fan of just playing the longer swings. Let me know what your thinking in the comments, all information is good info and all opinions are welcome. Follow along for some future charting.
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