Neilbob

SPX - 3 things I'm watching & 2 counts

Short
SPCFD:SPX   S&P 500 Index
Watching 3 items. all in the same area. It is quite possible the retracement is near complete. Yes it has fooled me as to its length and duration. But the what head fakes do, don't they.

78% retracement
RSI topping
Down trend line (red)

Two counts
1,2 (1),(2) this is very VERY BEARISH . This count invalidates at about 2798
and WXYXZ just slightly bearish just Z to go.

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