There's a lot of liquidity resting above the high 3934. I feel siunce that high there has been a pull back. I want to see how the bell opens and if it reaches lower into the range of 3921 - 3912 I would expect a bullish move to try and get above that liquidity and more liquidity above. This is also the bias since yesterday after the day ended. This is what I want...
If it moves up intpo the fap around 3886, I'm likely to be temped to go short as that has been the bias of SPX within the last 24 hours. And I would short it to the mitigations/breakers that formed around March 9 and 10.
I don't see it changing bullish although there are the soft highs around 3908. Howver, I see Friday to be the possible turnaround and attach...
I can't tell exactly which one if these two will be the entry just yet, but it will be one of them. I see that SPX Should be trending down for most of the after noon. If that is the case it should make it's turn around between 11 am - 1p.m. Eastern time, and that's when it should enter the price of 3847-3837 possibly getting to 3825 before turning bullish. There...
We're repeating the harmonic pattern of yesterday on the SPX Futures...
In theory should be bearish
However, we broke through the descending trend line ... staying just below the 0.718 fibo retracement of yesterday
this will be decided by some news as usual
