I suggested S+P 500 would break down from 2600 resistance
based on the circular dome pattern that I drew previously in red.
If you were paying attention,that is exactly what happened today.
Interestingly enough, do note
the same type pattern has showed it's hand in today's trading,. as well.
Reference the drawn line in red on today's 15 minute chart.
It is only a matter of hours, before a breakout move,on either side
will resolve this pattern, or worst case, simply prolong it,
so no one wins.
The market is going to grab onto some piece of fundamental news,
this week,to make it's decision known.
This really is a coin toss, in deciding which way that break will go.
Bullish/Bearish Spread Trade, or opting out completely,.. until decision is known,
is perhaps the best strategy, though many will try to roll the dice to catch the break, on either side.
Thank you, my brother.
Good advise. Thank you.