ponzialchemist

SPX mini-distribution within the larger one

Short
ponzialchemist Aggiornato   
CBOE:SPX   S&P 500 Index
One month's play ahead. Expecting a decline from this tight range with a bounce ~3950 area before continuing to the lower bound of the larger distribution range. Early next week could move a tad higher to 4160 or sweep the local highs ~4186 for UTAD. But in any case, looking for a range break this week to the downside.
Commento:
UTAD it is, now the down move should come by tomorrow or latest Monday. Otherwise wrong.
Commento:
Wrong. Will share updated analysis soon, SPX doing a large WXY, should be heading >4400.
Ordine annullato
Commento:
Will re-evaluate around ~4260
Commento:
TOP is in, came a day late.
Trade attivo
Ordine annullato
Commento:
4300 eventually; only scalps for now..
Commento:
Almost there, but currently this isn't my primary view and will share the updated analysis over the weekend.
Commento:
Here is my updated LT view:


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