SPX still unclear
Updated
I have no good feeling on either direction here.
Its all can be muted all the way till the 2nd decision
In idea it has to gap down and retrace into Fri am lows around 3808SPX or so
Ideally we test 374-50 support zone and then rally up for a higher or lower high, back testing 3907-13SPX level
Its all up to 3707-13SPX level on closing level, bull/bear line
Futures are up at this moment, so hard to make a call here, If we hold in am, I will do a long trade as it might get another squeeze into 4010-20SPX zone with 3960SPX as a smaller degree resistance on the way.
Im swing short and under the water, I do believe that November month will be negative and I have huge doubts of Santa Rally being present this year.
There is a chance we get a Santa Crappy into EOY instead:)
If I see something solid in am, I will post it right away, for now as long as we hold 3907-13SPX Im looking for lower levels to be seen.
Its all can be muted all the way till the 2nd decision
In idea it has to gap down and retrace into Fri am lows around 3808SPX or so
Ideally we test 374-50 support zone and then rally up for a higher or lower high, back testing 3907-13SPX level
Its all up to 3707-13SPX level on closing level, bull/bear line
Futures are up at this moment, so hard to make a call here, If we hold in am, I will do a long trade as it might get another squeeze into 4010-20SPX zone with 3960SPX as a smaller degree resistance on the way.
Im swing short and under the water, I do believe that November month will be negative and I have huge doubts of Santa Rally being present this year.
There is a chance we get a Santa Crappy into EOY instead:)
If I see something solid in am, I will post it right away, for now as long as we hold 3907-13SPX Im looking for lower levels to be seen.
Note
Gaping up above Fri high will be bullish for tomorrowNote
So anyone can see my performance right here and now, I gave you support and resistance levels. All for free!Check where we topped and where we are now, just press that play button on the chart from your desktop...
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