SPX failed to move to 1696 and moved down to test the previously posted 1636 S/R. After bouncing from the 1636 area, it went down again for another test and failed to find support .
Now volatility is going to be strong! Not just one way or down but it will be strong swings both ways. The Ideal short term targets (Using ES numbers here cuz that's what most people trade. 1549/1518 and back up possibly to test 1685... In the ideal world of numbers, the swings will take place within the month of June.....
Just an opinion here, the market always has the last word and in due time will show me the way.
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