I am looking for the SPX IT top tomorrow or sometime next week.
In the interim, expect more low volume choppy markets with an upward bias but struggling to make higher highs.
A daily close above SPX 3150 will invalidate my forecast
I added QQQ Jan puts and VXX longs today. Have not bought any SPY puts, so far.
Fed Attempts To Conclude Their Mid-Cycle Adjustment
https://blogs.uorego...cle-adjustment/