Based On what has been happening in the structure in The SP 500 I tend to think the sp cash sees a retest at 6417 or extend the rally to 6181 alt 6230 for the top of #wave 3 or Wave B . both should see a 350 point decline back to 5830/ If 5 is equal to One a 646 point rally should be seen in wave 5
Trade active
wave 5 of 3 could peak at the alt target 5985/6035 so raise stops now ! we should see a decline into the week of JUNE 10thNote
So we now have dropped into the zone 5830 to 5755 I have moved back to a 90 % net long calls and will look for the market to advance into june 10 time cycle .The june turn is from 6/8 to 6/16 .These are 4 spirals from 11/29 12/5 peaks Note
5/27 to at 1 pm with the sp cash at 5918 I sold All LONG calls Again as we so far have a 3 wave rally back to .786 of the last drop .Based on this I moved Back to Cash I have Not shorted as of this post . 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.