Will the S&P make a high here

[Steve Griffiths]

Hi Everybody,

As I pointed out in today's MTPredictor daily report, the S&P (on a 60min Chart) is now at the level of the Typical Wave C WPT - so the question now is whether it will make a high at this WPT.

We now have a red (sell) reveral bar, please see chart, so will this trade traigger and the market continue lower from here ?

Steve

[msmithbtl]

Steve,

Your ES chart looks very symetrical and turned out to be a great setup. Why do you think the software didn't highlight this setup automatically?

Mike

[Steve Griffiths]

Hi Mike,

It did, all I did was use the T (Trade set-ups) button and it found the set-up automatically. So Yes, it was a completly automatic MTP trade set-up.

I see the S&P is down nicely after this sell set-up :) :)

Thanks

Steve