This is what I see the market doing in SPX... they will push it towards 3881.16 (blue line) or 3857.55 which is POI at where 194.70M Orders are waiting to be collected in order for it to sell at 3568.88 ( bottom green line) but thats only if the body does not close above 3901.46 (black line) but if it does close above, expect for the market to hit 4057.26 (top green line). Going back to my selling position at 3881.1 As you can see the consolidations from Sept. 16 to Nov. 7 looks like they're leaning towards a small push in order for the SPX to drop.
Kommentar:
another entry for a sell could be 3866.90 where theres 1.141B orders waiting.