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S&P 500

SPX Short term June 2017

Di Neon
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Have we seen this before?
Nota
Breakout candle today
Nota
As i stated above, risk metrics are low for next 4 trading sessions and even in an up market today, they improved. So now they are at the mean for the last 5 years which is quite constructive
Nota
Sideways is constructive still
Nota
Post June OPEX week has very negative results. Given that SPX has been truly constructive/sideways while cleaning overbought conditions and setting up another upleg I still think
Nota
OK, gotta put lower range bound 2459/60 into next week
Nota
Much longer consolidation, as long as 2400 holds, 2479 achievable
Neon

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