Waiting... patience on spx. Entering danger
Well things are heating up and with an rsi over 80 its just a matter of time. On the daily we have 2 gartleys, and a bat converging into an area of importance. Structure show we are already into the suppy zone(largest rectangle). And with a little more patience i bet we enter the kill zone from 4509 to 4565. Between these points we have a very high confluence score ( multiple harmonic patterns. Rsi over bought. Supply zone. And previous areas of high importance. Should we see a reversal candle patern on the 4 hour in that area i would think shorting or at least trimming longs will be in order by all parties long and short. I suspect we might get there sooner then later judging by the high momentum. Patience. Wait and see.
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