ES as long as 4084-93 holds, it has a good setup for a strong

5 Ara 2022

ES as long as 4084-93 holds, it has a good setup for a strong down!

Tomorrow should produce a buyable bottom for a rally on Tuesday.

Full Moon is on the 8th, usually marks top or a bottom.
So far its in topping process. Can it correct through time and move higher into EOY, very possible

Ideally we see a low mid Dec (my ideal low is at 3750), that would be a perfect setup for a long trade going into EOY and Jan high.
That high alone can get above 4200, can be a great ride. Will need to do some homework on my SPX chart and check if we can get that ABC move up into Jan high.

One thing is I have a good confidence is that month of Jan will be a very strong selling/red month.
So early Jan high will be a perfect short imo

5 Ara 2022

Not

Maj support is at 3940-45 level! Must hold on all attempts

5 Ara 2022

Not

One thing to note, that the whole move off the top was in 3 waves, so 3 waves down usually a regular retracement pattern, thats why all the bets on lower are off if above 4094

5 Ara 2022

Not

There is a huge put wall for tomorrow at 400 SPY, if tested, its a good long imo