Market weakness

٢٣ سبتمبر ٢٠١٨

SPX movings looks less impulsive then before. Despite on 3rd wave threre is no big impulse on market - everything is below mediane line. I'm sure it's negative sign for index middle-term future.

The important moment, in my opinion, is moving close to 50% mediane. If price breaks it and goes up rise will be limited for LONGs.

At the same time, price move under 50% mediane line will lead to healthy correction. I'm going to wait and use the correction for middle-term LONG.