SERIOUS STUFF:
We are at or near to one of the best SELLING LEVEL, potentially, during the past 2 years.
POTENTIALLY. It is not an exact thing.
The market can now zoom UP above SPX 2900, even make new highs,
or it can go down, bog down.
OK, so what's new there? That's always the case - market can go UP or DOWN! DUH.
It's this juncture, this critical phase, this market thrashing around after the huge rally, and signs of economic weakness, globally.
These market conditions usually indicate a change or transition or a continuation of the dominant trend.
Important: will the SPX make a new swing daily high? If not, then it will be DOWN
It it can, then look for at least a 3% move up.
NEXT TWO DAYS very important!