Loading ...SPX Cycle Update
This chart is from Yesterday when I went long with SSO on the strong bounce. I have the SPX on Day 8 of a new Trading Cycle and most likely a new Intermediate Cycle as well. Multiple resistance dead ahead so hard to tell how bullish this cycle will be.
Watch my Green Trend line for the first signal that the TC has topped. Breaking my Blue Fork would confirm a move into a TC Low.
should price come down and kiss the lower tong, would make a nice right shoulder.