Again ladies and gentleman we have another analysis about SPX and here its looking like today will be a down day amid all the optimism about earnings.
I believe this could be the start of possibly another 2% pullback before testing support around 4400-4380.
Maybe this will leak into Wednesday or Thursday.. I'm not a fortune teller and this will be a nice setup going into the next couple of days if plays out.
For now futures trading is going ahead nicely.
Indicators are looking primed for the short pullback.
Remember, make money on the way down and make it going up.
That's all folks
I believe this could be the start of possibly another 2% pullback before testing support around 4400-4380.
Maybe this will leak into Wednesday or Thursday.. I'm not a fortune teller and this will be a nice setup going into the next couple of days if plays out.
For now futures trading is going ahead nicely.
Indicators are looking primed for the short pullback.
Remember, make money on the way down and make it going up.
That's all folks
Comment:
now we are in action... this isn't invalidated yet