SPX 500 futures at support, expect a surprise rally

11 May 2022

Chart tells the picture, rally at open likely as long as these levels hold. If not, lower trendline target by friday.

11 May 2022

Not

If the trendline target is correct (that's a BIG IF) we should get to the .618 fib by tomorrow-or friday

11 May 2022

Not

Another possible trendline target, gets us to Friday (IF THIS IS CORRECT)

11 May 2022

Not

so far so good, needs to get over 4k and hold for the rally to occur

11 May 2022

Not

Over, expect retrace to 4k or thereabout to be bought.

11 May 2022

Not

it was a bear and then bull trap!