No replies to this topic

[AChartist]

There were some looming bounce cycles, very abrupt in SPX. However they are dissipating quickly. It can be up on Weds but turns can come a little early or late. I am hoping up on Weds to add short. 15 day fischer did snap back to 34 day while 34 continues down, that was expected but I though Tues-Weds. Of course they had all weekend to engineer the news and gap, I should have known it would be Mon open gap. I doubt I'll get a good short entry Weds, probably topped today. Yes, I will be looking long on Dec 7-8. SPX is well elevated above the average and a mean regression would be quite severe, it looks like Dec 7-8 low now, quite abrupt.