The S&P futures in pre opening are trading in the area of my original SPX target zone illustrated in my post three days ago " Possible SPX rally on 1/3/17.
If the SPX opens in this target zone it could be an excellent time to short. Near term down side could be as much as a 20 point SPX drop today.
In one to two weeks the SPX could retrace to the bottom made on 11/3/16 at 2083.
Mark
If the SPX opens in this target zone it could be an excellent time to short. Near term down side could be as much as a 20 point SPX drop today.
In one to two weeks the SPX could retrace to the bottom made on 11/3/16 at 2083.
Mark