i would`nt be surprised to see a monster move down by next week.......yesterday`s 27 swing hi tagged the weekly TL as well as building the mother of all Diamonds on weekly charts.....spx,dow,ym,es.........the forces that be will be hard at work fighting the ineveitable while they confiscate our USD & the countries wealth.
ok... I found it... this was ridiculous! Only thing you left out was that it would happen in a few hours.
1st intraday sell signal.. daily signal doesn't hit till 75 breaks. Historically I've never seen the FED muddle with things as much, giving confusing signals, gaming the market, and its almost like Depression like working group scenario..playing out.
interesting post wave............looks like you nailed the former.....& the latter is a matter of time.
Have orders to short 1510 on a bounce 2pt stop target retest of lows... Keeping size smaller due to volatility...
when the 75 breaks and punch though 63 //around 1440/...FED will cut the discount rate. when the FED cuts the discount rate at 40, fly to 63..then proceed to sell off gain...testing 40..20... do you think MM's and investment banks use stops on their inventory?
Looking at the charts I would say overhead resistance is around $1525.00 on the cash. Still have to be somewhat bearish here.