XTN/SPX is way into correction territory. This market is just different !!!
Believe it or not, It's like saying we just finished 1/2 a correction @ the last dip !!!
S&P 500 Possibly setting up for an exceptional short opportunity over the next few weeks, possibly into October.
First, the technicals.... I added Fibonacci levels to the long term monthly chart using the 2009 low and aligned significant levels to highlight important historical levels on the chart.
0.618 = Double top from 2000 & 2007
0.382 = Intermediate...
