The SPY/S&P500 has been relatively calm & just moving sideways since the 23rd.
There really isn't much to add, as my targets remain the same:
- Bounce target #1 Gap @ $374ish + 9EMA Resistance
- Bounce target #2 liquidity zone @ $382ish
- Bear target #1 @ $350ish
- Bear target #2 Measured move of bear flag target @ $345ish
- Bear target #3 re-test of Feb 2020 high @ $340
Any significant upside moves will be short/put entries.
I'm thinking we see our bottom come in between mid Oct/early Nov.
Check out Disc/my earlier posts for my macro bottom projections.
There really isn't much to add, as my targets remain the same:
- Bounce target #1 Gap @ $374ish + 9EMA Resistance
- Bounce target #2 liquidity zone @ $382ish
- Bear target #1 @ $350ish
- Bear target #2 Measured move of bear flag target @ $345ish
- Bear target #3 re-test of Feb 2020 high @ $340
Any significant upside moves will be short/put entries.
I'm thinking we see our bottom come in between mid Oct/early Nov.
Check out Disc/my earlier posts for my macro bottom projections.