SPX Roadmap July 2017
Aktualisiert
Getting there slowly and choppily
Anmerkung
So the range is 2479 as a long standing target to 2512 as a blow off into Aug. In any way, period from late July into Sep historically very difficult in the 7 year of the decade. So beware!Anmerkung
Getting there, let's see ECB todayAnmerkung
On another note, minus DXY depreciation, SPX has done nothing, so for foreign unhedged investors has been one big nothingAnmerkung
Pushing out of this triangle of a lower degreeAnmerkung
2479 target reached. Entering potentially a very dangerous period into OctAnmerkung
August what a treacherous month that is. The wickedest scenario is market to make a sharp 1/2% move higher/blow off and then downstairs avalanche. Lets see given the vol is so low, usually vol moves higher from such low levels are very painful. Anyway since we reached 2479 which was my long standing target, left the table. Vacation time has arrived
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