SPX500 still at the crossroads

2022년 7월 27일

trendline still not crossed or rejected. Best to wait and see who wins this battle. Bulls want to see 4020 held for at least a day to push up to 4150+, Bears want 3900 crossed and held to drive it down to 3700-. Fed today, so expect whippy price action. I'll just be watching.

2022년 7월 27일

노트

Either up or down should be quick. Down would imply a B and another leg up later, up from here would likely mean we are completing the 3rd wave of C - usually the fastest wave up.

2022년 7월 27일

노트

this would be an aggressive short entry

2022년 7월 27일

노트

breakout above 4020 looks real. Target should be 4150+