SPX500 - almost to target
Updated
All in the video, I do expect a bounce soon for about a week or so. 4k-3950 could happen by tomorrow....
Comment
4hr rsi on futures already near it's lows. Chances are a bounce comes soon but more downside would just get it to extremes on the rsi. Comment
SPY BB at 400.44 Comment
SPY BB and pitchfork support. Not much more downside before a bounce in my opinion. Comment
we could go down some more, but daily rsi is already quite low - similar to the last daily rsi lows. As I said in the video, I expect a bounce for about a week to reset that rsi - at least a little bit. Comment
hourly chart suggests one more low and then bounce - Comment
to target area Comment
possible bear trap for the morning. We could also just run up, but i think another low first would look better. Comment
weekly MA on the Cash index "should be support" - right now at 3967 Comment
support found at that weekly18/daily50 and daily BB. Underneath this support and it's bad news. I think it comes eventually but first a healthy bounce. 
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