SPX Roadmap July 2017

14 Tem 2017

Getting there slowly and choppily

19 Tem 2017

Not

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!

20 Tem 2017

Not

Getting there, let's see ECB today

20 Tem 2017

Not

On another note, minus DXY depreciation, SPX has done nothing, so for foreign unhedged investors has been one big nothing

20 Tem 2017

Not

Pushing out of this triangle of a lower degree

26 Tem 2017

Not

2479 target reached. Entering potentially a very dangerous period into Oct

1 Ağu 2017

Not

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