SPX Roadmap July 2024
Topping phase has begun at the exact level it was expected to start
註釋
So far so good註釋
Target reached pre-market註釋
It is a bit too strong too fast here註釋
Bulls are so impatient註釋
Ideally SPX gets to around 5725註釋
The battle below the Iron Dome continues註釋
Getting there註釋
Quite a grind up here into the Iron Dome註釋
Entering Oct exactly as expected in price and time註釋
Mid Oct price level reached. However, the price structure does not look complete, so this may extend a bit to the upside still註釋
The main objective has been achieved. However, the price structure still looks unfinished which calls for upside extension. Either way, the bull cycle reached the 2 yr mark. So from time and price perspective, it should be extra time now註釋
Good reaction from the Iron Dome註釋
Dow appears to be forming initial 5w down which could be a precursor to a larger decline. Still uncertain whether this is done or one more final Trumpian high註釋
So we had an initial breakdown this week across indexes, but still higher support levels are intact. Therefore, still uncertain whether an important Top has been made or one more Trumpian high ahead註釋
One more Trumpian high is early in the making註釋
Not much above really, lets see how it goes into Thanksgiving
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