TheSecretsOfTrading

SPX - New findings

Short
SP:SPX   S&P 500 Index
These last waves were really similar to some movement I've already seen in some other time - So I placed it and they fit the nowadays Price Action like the Glass Slipper fits Cinderella's foot.

It Looks like SPX has an excuse to close a gap above and touch the top trendline. I was more conservative with my ceiling for this EOY price action but it seems it will fully head there. Also Timewise it fits my expectations - Retracement now, and bullish after that till mid December.

Still seeing that drop mid December.

TL;DR
Short now for a small retracement, and then long till 4100 area - then biggest drop.

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