is still following the 2011 pattern and I still think we should retest the low. The retest we saw last week was not relatively important. My target was not hit last week (around 1850) and then I still have a bearish
Technically, the SPX
is having a rangy trajectory and as we are at the top of the canal, it could be a good opportunity to enter with a new short position.
I keep my target at 1850 to bull
again. My "take profit" target is around 1900.