End of day update from my idea earlier this afternoon. Looks like the S&P fell right from its peak into the end-of-month bubble. Now, the million dollar question is will it continue to fall like the past 2 months or will it be back up in the morning and push to 3140 or 3200? FYI, the VIX stayed pretty flat again today with no meaning full drop given the new high.
Nice work on this nice chart, just perfect, I think the same, in my opinion it will slightly sell off tomorrow, then gap down Monday AM to that 298 level , false breakout below 200 MA , suck in the shorts more and then rally to 3136 by June Option expiration regular day.