[SPX] Playing Field for November Week 3... Time to LACE UP!

2020년 11월 16일

I'm still very bearish with this model.

I can't take any bull case seriously until I see Price close above the 5Y Peak Trend Channel (dark blue).

This channel has rejected Price a total of 5x of 5Y with the last ones being 1W, 2M and 9M ago.

This is the ultimate market inflection point, if we break through, who the fck knows what's gonna happen, will probably be very volatile and unsustainable for long periods but if we get rejected a 6th time, we're heading back down to 3k most likely.

2020년 11월 16일

노트

We got a gapup breakout from the last rising wedge, now we have a fatter, more sideways RW taking shape...