S&P500 SHORT TERM EXPECTATIONS (4H)
This corrective structure that we have been in since the end of March is one of the messiest I've seen.. I'm still Bearish.. I believe we are completing an Ending Diagonal pattern (for downside) which may take until the end of this month to play out.. Possibly even tag the ATH before going down.. I would start loading up on Sells around there.. This seems to line up with the fact that the VIX and DXY are bottoming out on their charts.. I also see divergence in the MACD and also RSI heading towards over bought zone so this gives me more confidence in the downside.. if it breaches the ATH I have to reassess..
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