RealTima

SP going into the FED notes release May 25th 2022

Long
SP:SPX   S&P 500 Index
Im leaning long after 25th shenanigans, ideally we hold 3885-90SPX and move up to breakout from the downtrend channel into EOM

It seems I accidentally was posting my charts as private and not public and only few who got the link was able to see it.

4305SPX is the main resistances now
3970-75; 4036-56; 4111-25 and 4160-70 (must hold for continuation lower)

- Low target for tomorrow 3885-90SPX
- 3850 and then 3834 zone is the maj support zone

Buy zone for tomorrow
- 3885-90 is the main buy zone (possible extension lower)
- 3850 and 34 zone is the next Main buy targets

Short
- 3960-75, stop above 80
- 4034-56
- 4158-70SPX and 4215-25, no short above 4225, next target is 4300
No short if trading above 3955SPX, should see higher numbers

- Low (intraday) was on the 12th;
- Long from 3855-65SPX zone (email was sent when the price was at 3867-68SPX)

- final low for this wave is expected (if was not hit yet) By Jun 13th-15th at 37754SPX
- rally for a week or 2 back to 4160-70 SPX , retest of 3870-80 level and then main target of 4300 (9+%) by July 4th weekend,
- Ideally extend to 4425SPX (4300 main resistance on the way up) summer rally target - 110MA
- Another but low odds stretch is at 4465-4505 and 4600SPX


Larger ABC pathway down into Oct low or more of the year is in play imo Final target in 3000-3200SPX zone
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