So close to new lows. DOW already made one last Fri.
SPX to make today or tomorrow imo.
Too many stops below that low Jun low, Im sure algos will shave those, before turn.
Fear and Greed is at Extreme fear levels, VIX is above 31-32, perfect bottoming indicators to me
Below the support line (3662-58) we will see 3636-20 and my ideal target 3588
Im not going long till tomorrow
BTW ES already broken support and last night low and just needs a continuation
SPX to make today or tomorrow imo.
Too many stops below that low Jun low, Im sure algos will shave those, before turn.
Fear and Greed is at Extreme fear levels, VIX is above 31-32, perfect bottoming indicators to me
Below the support line (3662-58) we will see 3636-20 and my ideal target 3588
Im not going long till tomorrow
BTW ES already broken support and last night low and just needs a continuation
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Here is my Sep 12th update, check where is the MACD now
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watch 3662.50SPX on closing, if below tomorrow we see 3636-39
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Closed below the support! Lower levels tomorrow, must hold 3636-3639SPX on closing level. An intra day low to 3588 will be perfect and close above the support will be a good sign.
Tomorrow Im buying G style!
Tomorrow Im buying G style!