Re: S&P 500 (SPX) next move? ...

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In Response To: Re: S&P 500 (SPX) next move? ... ()

Leon, .. congra, good job! :)
I've been swing selling SPX since Feb, and the parameters are pointing down.
With this mindset, on Monday (though can not foresee), .. from experience, two major events (covering 80%) are expected:
- Gap up or tries secondary bounce, .. wait and sell it around 1935-45;
- Or gap down and rolling, .. sell it below 1798.
And expect also sideways (around 1820), once in a week (20%).
I'm thinking 1740 as target, .. if it works, your puts could be more valuable; GL!
J.