sp'60min
Summary
*price structure on the hourly chart is a very clear baby bear flag... offering downside to the 1960/50s tomorrow.
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Without question, it felt a very tiresome Tuesday.... I guess I'm just still reeling from last Friday's crazy ass turnaround.
Really, was sp'1871 a key marginal higher low.. and go higher into next year?
Anyway.. first.. need to see how market trades once it does break >2000.. but that now seems more viable next week.
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| Spiderman, Batman.. and other crazies |
What am I doing?
Well, I can't be short.. none of the daily/weekly cycles look good right now. I'd actually consider a moderate long if sp'1950s tomorrow.. but not sure what to get involved in. Will sleep on it.
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more later... on the VIX