This is what I'm expecting. Watching all 3 trendlines today - lower red for buyzone (expect a spike through), over the Blue to confirm bounce, and upper Green would be short term long target. If they bounce and ultimately can't get above the upper Green trendline, the market could start consolidating there and break up later or - consolidate there and break down. Ultimately, below the Red trendline on a daily close for me would be a stone cold short.
Good luck!
Good luck!
הערה:
הערה:
there's the overshoot, now likely rejection
הערה:
alternate blue trendline may be the buy area
הערה:
close,
הערה:
last wave down should happen into the close. If I'm wrong, they will get it over 3674 by close
הערה:
another structure to watch, above 3680 nd it may become support
הערה:
denied, lower into tomorrow unless they get over and hold 3680
הערה:
futures were a mess, over 3720 and it probably gains some traction, otherwise another low is still possible here.
הערה:
failed breakout, likely lower for the day
הערה:
DXY not done rallying yet
הערה:
same line different hour.
הערה:
Dollar - another breakout - relentless
הערה:
not much more to go on SPY, should bounce late today or tomorrow.
