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[DCS]

IT / LT outlook. I have 1882 as a critical level. The close above it today was a notable event in my little world. The next few days will tell a lot. If we clearly fail 1882, I'll trade 1/3 short with an SPX target of 1645 before June, and perhaps as soon as late April. I currently have a small short at 1879. Sideways action would delay or end this projection. Rangebound 1840-1880 is a possibility, but least likely in my book. Two consecutive closes above 1882 will suggest a breakout above 1900 and trend continuation, but I won't long anything without pretty solid confirmation, which means I'll miss the 1st big move. IT Gold - I have important support at 1276. Entered a tiny long today, will scale in more if bounce continues. Stop at 1266.5. Watch for moderate action at 1312 or 1334. If I'm reading Mr Dev correctly, I concur that gold could really go either way here, and move significantly. The obvious potential double bottom kiss of 1179 is in the spotlight. We'll see. My present focus is IT swing trades based on price action around my LT fib lines, with a nod to historical price patterns, volume profile nodes and momentum. I'm posting today because if SPX breaks out to rally from here, I'll have to abandon/re-draw a fib extension that I have used for several years. But until that actually occurs (might be tomorrow ), I still perceive a reasonable chance for a significant correction. Good trades to all!