A screaming rocket back to 4400 and 4500 eventually, CBOE:SPX played out the pre-set H&S pattern until ~4100.
Where is goes from here?
USA Elections are next year
Holiday Season has started.
Geo Political Tensions on the rise
Inflation not cool but job market and interest rates cooler
As those Buy Side, Sell Side and every middle firm predicted,...
Expect SPX to trade in-range for 2 weeks. If 4610 is broken and held for few sessions(5?), there is a good chance next leg up will have October in 4800s
Apple seems to be running with Nasdaq or vice versa.
But the cusp is NASDAQ:AAPL does not have a strong seller support if 156.45 is broken and held on the daily. making 165 as the next stop within next month
It has clearly bounced between the white and yellow lines with buyer support pushing it above both of them.
What remains to be seen is how any...
For the bulls or bears to take charge, this level must break down or higher and stay there for 1 full session.
No technical indicators, analysis or judgement works in this macro economic situation where the sellers are forced by retail people removing their deposits, ultimately.
Day trades are good for scalp under 4020 - 4060 channel and above 3840 - 3860...
