I only posted it as a 1W back in May:
Not a wave theory guy, barely know anything beside the basic pattern but it seems to hold up nice here over past 9 months!
This is partly why I think the 2600 (which comes up in a lot of strategies) is a false support and already 2750 seems quite weak so my target is still 2400 for this next local bottom. But Wave theory seems to point to 2600. Will be interesting to see it play out and see what strategies come out lookin the best!
Decent chance we hang or even bounce at 2600 too though. I still lean towards blowing through 2750 on the next crash.
That's exactly it, I have confirms from across the spectrum and that has beefed up greatly the last two days with lots of SPX short ideas comin outta the woodwork.
The world is finally awakening to the trouble that lay ahead for the economy!
This week was truly the calm before the storm.