SPY/S&P500 Update Daily TF Sept 28
The SPY/S&P500 has been relatively calm & just moving sideways since the 23rd.
There really isn't much to add, as my targets remain the same:
- Bounce target #1 Gap @ 374ish + 9EMA Resistance
- Bounce target #2 liquidity zone @ 382ish
- Bear target #1 @ 350ish
- Bear target #2 Measured move of bear flag target @ 345ish
- Bear target #3 re-test of Feb 2020 high @ $340
Any significant upside moves will be short/put entries.
I'm thinking we see our bottom come in between mid Oct/early Nov.
Check out Disc/my earlier posts for my macro bottom projections.
There really isn't much to add, as my targets remain the same:
- Bounce target #1 Gap @ 374ish + 9EMA Resistance
- Bounce target #2 liquidity zone @ 382ish
- Bear target #1 @ 350ish
- Bear target #2 Measured move of bear flag target @ 345ish
- Bear target #3 re-test of Feb 2020 high @ $340
Any significant upside moves will be short/put entries.
I'm thinking we see our bottom come in between mid Oct/early Nov.
Check out Disc/my earlier posts for my macro bottom projections.
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