The plan...
Ok... took a few minutes to look and see whats going on. Keep an eye on SPX500USD, futures. Keep an eye on the 4026-4033 area. I will be looking for a breakdown around there. Assuming we breakdown, I would very much be looking for the 370s to be on their way in the days ahead... next week, maybe even going into the following week. If there is no breakdown there, you may want to cautiously go long with a tight stop or just hang on the side and wait for more clarity. And that's it. It's just that simple. Set alerts below, above, Tradingview has amazing alerts that you can put for crossing, above the price, crossing below the price. Lots of different alerts. Use them. That's going to be the tell tale area to watch though. Look for a breakdown or no breakdown. I am heavily leaning towards the breakdown happening but you never know, I could be wrong. Just wanted to put this out there seeing some jumped in short already and well, some insist on being overly bullish.
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