SPX: Another Set Up ....

This is one more chart showing a continuation pattern.

Let´s wait and see what will happen in the next 8-9 trading days might happen.

Trade active:

Never short a dull market ...

"Not An Algo Was Stirring..." - Dow's Tightest Trading Range In 30 Years

Twas the night before (the night before) Xmas, and all through the market, not an algo was stirring, not even a VIX cracker...

Today was the lowest range day for The Dow since at least 1986...
www.zerohedge.com/si.../20161223_EOD8_0.jpg

Source: www.zerohedge.com/ne...ading-range-30-years

Trade active:

Show Time ...

930e888ea91284a71b0e...353286fc841cdb8d.png

Comment:

Correction vs. new Downtrend
.
930e888ea91284a71b0e...9ca41c30def45129.png

Comment:

Todays move triggers an new pattern. Next days will show if this is still a correction pattern or if the trend is reversed down.

Trade closed manually:

MAR 02 2017: SPX, DJIA and Comp was closed on FEB 28.

Trade closed: target reached