djays1.618

Dude, Short that, DUDE!!!

Short
djays1.618 Updated   
SP:SPX   S&P 500 Index
I don't buy the hype, I'll buy the corpses, I have called correction before, so ...and I'm going to still call correction, unless this continues at a drunken sprint pase
Comment:
all , really, 2715 like obvious
Comment:
dont act before free consulting
yourself, the wisest of all
Comment:
Duh bra, adjust price so fib goes on outside of trend
Comment:
bull until-
4 days until the shatter on ice -next week wednesday*
bear until-
4 months later for some relief -October
Comment:
I've seen this before, part of me wants to see something new, and watch the SPX gain momentum, looking at those nice folds at the support, gives room for a nice push upward, shortterm greed mixed with longterm trend downward,
yet the other part , wants to see a nice floor at the 2530 ish. yea my mindsets going to be with the floor, so we can see a holdingstrength rise through the summer
Comment:
so thinking earlier, sharp spike with a pullback,,yea, made me undecided if the spike would hold or break, for the 2530, I wanted a break, and if you look price broke, sharply, gives way to the falling sawblade with intermittent rounded floors. hard to think it will 2530, but that is the side I'm leaning/
Comment:
There is a lot of room to play though because the overall trend now is up.
Comment:
at least since mid may when the floor levels shifted higher
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