SPX mini-distribution within the larger one
One month's play ahead. Expecting a decline from this tight range with a bounce ~3950 area before continuing to the lower bound of the larger distribution range. Early next week could move a tad higher to 4160 or sweep the local highs ~4186 for UTAD. But in any case, looking for a range break this week to the downside.
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UTAD it is, now the down move should come by tomorrow or latest Monday. Otherwise wrong.
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Wrong. Will share updated analysis soon, SPX doing a large WXY, should be heading >4400.
Order storniert
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Will re-evaluate around ~4260
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TOP is in, came a day late.
Trade ist aktiv
Order storniert
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4300 eventually; only scalps for now..
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Almost there, but currently this isn't my primary view and will share the updated analysis over the weekend.
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Here is my updated LT view:
