SPX will be the first update from TheTradersRoom.
SPX has hit its desired target we have called yesterday - 4904.50-4909.50
So I call it a perfect hit. Today's reversal came on a heavy selling, also got a black reversal daily closing SPX candle, which if not broken 1c above should mark at least a temporary top.
If the price did find its top, then tomorrow's open should be a gap down below 4864 and my min target will be 4840-4835 SPX
We have a Panic cycle day on the 26th and Im looking for a first important low on Feb 1st
Happy to be back!