targetting short at c.16500
will be watching tomorrow's action. if we lose this support then we are likely heading for the blue line of support at 9275.
Reasonable resistance at circa 9940......good risk to reward ratio.
would re-assess if daily close beneath 9100
intraday target of 9000 for swing long. would re-assess if daily close below 9100.
Surely at least some exhaustion should set-in but definite concern with seasonal positivity and this being too much of an obvious trade, SPX highly manipulated instrument.....will avoid the temptation and revise thoughts on any spike higher, maybe to 1800.
Will look to get long on further weakness.