or formed tomorrow unless there is a lower SPX close and low.
SPX must close below 2960 tomorrow to retain my bearish indicator
I was posting more of this but lost my draft post or it is somewhere!
So, the higher probability is a ST low followed by a rally to new SPX highs into the FED cut and then a BIG decline
We could see SPX 3120 or higher
There is still the good possibility of a big drop during the next few days but I am not seeing motivated and energized sellers inthe market
They may be out there, but invisible for now.