/ES New Mega Rally Coming? $SPX $SPY $ES
Just an Elliott Wave count. Regardless of Fed's rate hike or tapering, EW count says we go higher. When Fed's raised rates in 2018 market still went up. 100% extension shows target 6800 maybe in a course of next 6-10 years? If we do make it through 4800 then my assumption is up it goes! Short term target is 4650 and see what March OPEX brings. Downside will be 4000 if 4212 (Jan 24 day after OPEX) low doesn't hold.
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