SP500 $SPX $ES $SPY - Taking the stairs, down, down, down.

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We should visit the yellow steps.

The blue step is a bit of a stretch but not impossible. Today, my confidence for this target is at 60%. This will change over time. I'll try to provide updates when we move lower.

Good luck.

٧ أكتوبر ٢٠١٨

تم حذف الأمر

Do not follow this idea! It's incorrect.

I've provided the new analysis here:

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تم فتح الصفقة

Going back to this idea. I don't know what happened and why I changed my mind last minute before this move. Need to do some soul searching :)

Anyway I expect this to rip down to 262 shortly.

We will not revisit the top anytime soon. Few years. Markets will go lower I believe.

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ملاحظة

Playing out as expected. I wouldn't go long on the market just yet. Fear still a mindset and I expect more selling and one more bounce of the resistance. Possibly gap downs on open and rally up.

Some nice bounces coming soon during earnings.

٢٧ أكتوبر ٢٠١٨

ملاحظة

Target hit. We are in for a bounce until January.

٢٧ أكتوبر ٢٠١٨

ملاحظة

٣ نوفمبر ٢٠١٨

ملاحظة

Hitting the targets as defined. Click play on the main chart.

١٦ ديسمبر ٢٠١٨

ملاحظة

Bouncing a bit but should hit target.

١٧ ديسمبر ٢٠١٨

تم إغلاق الصفقة يدويًا

Closing this trade. I think we're at bottom and will be bouncing here shortly. Forget about the previous target for now. Might not happen for months.