SPX - a bit more to go
Presented is my reasoning why 4200+ is likely this week coming or next. Having said that any push up to 4200+ will be a wonderful short opportunity. I compare where the market is now to where IWM was in it's 2020 consolidation and why RSI is important to look at for "breakouts". I hope it's helpful
Good luck!
Good luck!
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overnight there's been a breakout of the downward channel, I expect a retest and then higher for the day. 註釋
test of channel. We could be in a larger ABC, if so - this may be happening. 註釋
so far looks good for a C up, then we may have a bigger sell off after before the final run up. SO more time wasting..... 註釋
good morning, chopfest continues. B wave has been extended. It's still pretty low on the houlry rsi, so I expect a move up today for a C wave. 註釋
some economy numbers at 10am today us.econoday.com/byweek.asp註釋
closer view 註釋
channel test at open, should be support, we'll see.......註釋
we're still holding here, 1hr rsi on the floor in futures...註釋
lower trendline reached rsi is very low on mid time frames...註釋
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ES has reached the daily BB, usually a support area. 註釋
2 hr rsi divergece should get us a rally today for a B wave, then C down..... 
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