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ponzialchemist

SPX mini-distribution within the larger one

Short
S&P 500 Index (CBOE:SPX)  
ponzialchemist Updated   
CBOE:SPX   S&P 500 Index
Technical Indicators Trend Analysis Wave Analysis
11
66
indicator trendanalysis waveanalysis
One month's play ahead. Expecting a decline from this tight range with a bounce ~3950 area before continuing to the lower bound of the larger distribution range. Early next week could move a tad higher to 4160 or sweep the local highs ~4186 for UTAD. But in any case, looking for a range break this week to the downside.
Comment:
UTAD it is, now the down move should come by tomorrow or latest Monday. Otherwise wrong.
Comment:
Wrong. Will share updated analysis soon, SPX doing a large WXY, should be heading >4400.
Order cancelled
Comment:
Will re-evaluate around ~4260
Comment:
TOP is in, came a day late.
Trade active
Order cancelled
Comment:
4300 eventually; only scalps for now..
Comment:
Almost there, but currently this isn't my primary view and will share the updated analysis over the weekend.
Comment:
Here is my updated LT view:

SPX Long Term 2023 View

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