SPX: Watching it closely with no position

SP:SPX   S&P 500 Index
I'm holding a few trades (refer to my recent posts) but not in any SPX             position.
I think we can have a great buy signal soon, so I'm following VIX             and the 'Time at mode', linear regression channels and speed lines signals in SPX             .

This is a 2-day chart, the timeframe in control of the current downtrend.
The time and price target suggests price can drop to 2095.3 by or before November 9th             .
I'll be paying close attention, because if we get a buy signal in that zone, it could be an excellent trade going into the next year.
Most people are concerned about the Fed and the elections, and technicals aren't helping, so we can see some divestment or at least everyone getting short. What we need to see is when and where the smart money decides to buy and bid up the market, absorbing all this retail supply, if they do.
If not, we have the making of a bear market in equities.
Keep close watch of this chart and the levels posted here.

Good luck!

Ivan Labrie.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out