10/14/2017 indices update

1. SP500:

• So far the price runs within a grinding uptrend channel
• 2 possible targets from price action
• still buck the grinding uptrend, top trend line is the resistance
• break down grinding trend channel
• target: 2535~2540

http://schrts.co/Zj9sJ9

2. Nasdaq composite:

• So far the price runs within a grinding uptrend channel
• 2 possibile targets from price action
• still buck the grinding uptrend, top trend line is the resistance
• break down grinding trend channel
• target: 6530~6540

http://schrts.co/fffFL5

Note: my analysis is not for investment, but for education and illustration.