Note: for the moment i am watching, Mapping until an anchoring point appears (either way).
2042 is key locally.
There s a wall of worry, the options skew is at extreme. The market is nervous, agitated but yet resilient and this context if Draghi kicks the Can for one month or two without disappointing, if the elections in Greece go well or if the market eventually ignores a "bad" result... The market could channel all this energy for a spike to 2130 or even more bullish, the market could be left into a slow squeeze to 2200 in April. Slow is strong and slow tend to go higher.
2200 is extreme in april.. That would mean that the market climbs slowly and would mean that it would have really changed paradigm again.
The more likely case right now and is that the market wont find this peaceful regime and might reach top earlier in a regime that would be much less stable and it could collapse quickly.
As long as 1950 is defended, the market is objectively bull.
At this stage, i think that the market will correct to 1850/1650 before then end of Q2. It is just a feeling at this stage and I will play shorts that make sense and allow to be right for the first 50pts without loosing more than 50pts. at 2043, such opportunity is not presented it could fall from here but would require a tight stop.
