SP500 - My View - Preparing to decisively break key support
Below 2010 is a game changer for SP500 = That would mean decisively breaking out of the 2009 Rally Cone.
It could happen before month end.
Next week is expiry and it is rare to fall massively the on expi week (important quarterly expiration).
But the last week of the month could be one where the decisive break lower occurs.
It would open down to 1900ish where it is highly recommended to buy the market.
It could happen before month end.
Next week is expiry and it is rare to fall massively the on expi week (important quarterly expiration).
But the last week of the month could be one where the decisive break lower occurs.
It would open down to 1900ish where it is highly recommended to buy the market.
