SPX 500 - that C spirit may be short lived

Very possible we are going to have just one more down before a larger counter trend rally. The market is feeling extremely exhausted, and even today's fed rally was weak. That tells me that the "buy the dip" crowd is gun shy and that also means that a buy opportunity may be very soon for the minority. Structural target looks like 3600-3550, could be next week.

500Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Wave Analysis

Also on:

Related publications

Disclaimer