S&P 500 DRAFT 5A
BEEN ABSOLUTELY CRUSHING SP&500. SO THIS IS WHAT IS COMING UP.
Notes: There is a ceiling here under 3500 for a couple of weeks. I actually think this should top really soon and start moving down (posting this Sunday night CT). Volume is not indicative of a break out yet. It is saying that bid/ask is disproportionate to the money coming in, in a bad way. Meanwhile, price is in do or die situation. All the angles say back down significantly by 12/15 to 12/25. I really don't have time to do "line bye line" count to get detail price moves but basically we are going to 3050-3100 sometime in December, then all way back up again after that. If I have time, I will do draft 5B, but I probably won't soon.
Notes: There is a ceiling here under 3500 for a couple of weeks. I actually think this should top really soon and start moving down (posting this Sunday night CT). Volume is not indicative of a break out yet. It is saying that bid/ask is disproportionate to the money coming in, in a bad way. Meanwhile, price is in do or die situation. All the angles say back down significantly by 12/15 to 12/25. I really don't have time to do "line bye line" count to get detail price moves but basically we are going to 3050-3100 sometime in December, then all way back up again after that. If I have time, I will do draft 5B, but I probably won't soon.
Uwaga
When I typed that last night and said ceiling 3500, it was a typo, it should say 3600, it was already 3562 at that time of posting.
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