SPX can extend to a higher high before the 21st or fail hard

13 ก.ย. 2022

Its all about 4125-35, 4150-60 and 4202SPX now.
All 3 are resistance levels!
Support is at 4085-90 and 4025, below it we should see 3955SPX

Im not sure about the exact pathway, so my game plan is to short 4145-60 and 4202 zone. If we breakout I will flip for a trip back to 4285-92 and even over 4300SPX
Please note, that this can even extend to 4425 just to screw everyone out on both sides and then sell hard.

So regardless of the situation, I will be short (if we make a new high) or long (if we make a higher low) on the 20-21st or before the FOMC.

Ideally we spike up to 4125-35 and even 4145-60SPX tomorrow and sell off into Fri OPEX low. That low should produce a good setup for a few days rally before the FOMC decision on the 21st.

One certain thing is that the Oct low should provide a good buy and hold setup going into EOY high.
Ideally we make a new low in Oct and then higher low in Nov (before the Midterms) and then off we go together with Santa.
Jan (in case of the above scenario) should mark the high and then we should see lows in Apr.

Levels of importance tomorrow:
- 4145
- 4160-62
Closing above those levels will get us back to 4195-4205SPX by Fri.

Im going to short tomorrow's gap for the crap scenario. Ideally we hit 4125-35 or even 4145-60 in am and crap from there.



Have a good night

P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well.
Thanks in advance!