SPX Roadmap July 2024
Topping phase has begun at the exact level it was expected to start
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So far so goodЗаметка
Target reached pre-marketЗаметка
It is a bit too strong too fast hereЗаметка
Bulls are so impatientЗаметка
Ideally SPX gets to around 5725Заметка
The battle below the Iron Dome continuesЗаметка
Getting thereЗаметка
Quite a grind up here into the Iron DomeЗаметка
Entering Oct exactly as expected in price and timeЗаметка
Mid Oct price level reached. However, the price structure does not look complete, so this may extend a bit to the upside stillЗаметка
The main objective has been achieved. However, the price structure still looks unfinished which calls for upside extension. Either way, the bull cycle reached the 2 yr mark. So from time and price perspective, it should be extra time nowЗаметка
Good reaction from the Iron DomeЗаметка
Dow appears to be forming initial 5w down which could be a precursor to a larger decline. Still uncertain whether this is done or one more final Trumpian highЗаметка
So we had an initial breakdown this week across indexes, but still higher support levels are intact. Therefore, still uncertain whether an important Top has been made or one more Trumpian high aheadЗаметка
One more Trumpian high is early in the makingЗаметка
Not much above really, lets see how it goes into Thanksgiving
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