No replies to this topic

[Bearearns]

The bigger picture remains bearish, but recent action over past month suggests this will likely resolve up due to micro bullish signs in the market. This will likely means market likely remains range bound or continues higher. Taking out certain Spx level would change this opinion and lead to a more substantial drop before resumption, but this looks unlikely from what I am seeing. Even if we take out level what I am seeing is mixed bag and far from certainty of where I stood a while back.