Momentum remains Positive, MACD... remains Negative.
We will see resolution today through tomorrow and anticipate
one of two events:
1. A consolidation Range
2. An accident Short Term to fill Gaps below.
Observe VIX Novermber reaction @ 19.70.
How this week closes will provide an Answer to the Correction
for 4/4.
Can they turn it Bullish on Larger TFs.
We are Sellers shortly IF TNX begins breaking out and will begin
selling highs @ levels.
Should the Structure Fail it will do so in rather large proportions.
*** SPX is forming another very large Divergence in CASH.
The Futures are Not Validating the move in CASH.
We will see resolution today through tomorrow and anticipate
one of two events:
1. A consolidation Range
2. An accident Short Term to fill Gaps below.
Observe VIX Novermber reaction @ 19.70.
How this week closes will provide an Answer to the Correction
for 4/4.
Can they turn it Bullish on Larger TFs.
We are Sellers shortly IF TNX begins breaking out and will begin
selling highs @ levels.
Should the Structure Fail it will do so in rather large proportions.
*** SPX is forming another very large Divergence in CASH.
The Futures are Not Validating the move in CASH.
Comment:
3546 remains the Price Objective.