optionflow

$QQQ $SPY $ES_F $VIX - MY $SPX Targets & Thoughts - Weekly Chart

INDEX:SPX   S&P 500 Index
43 0 0
I'm seeing bullish divergences in in the lower TF's and this is clear accumulation. Short term bottom may be in, but this 1841.47 level has my attention. I would like to see a move down for further bull capitulation. Psychologically taking out the August low, but not the previous October low, would be a fantastic long set up. Friday's close bouncing off support would be the perfect head fake to drop it lower.

I think this plays out Tuesday.
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