SP500 $SPX $ES $SPY - Taking the stairs, down, down, down.

6 oct 2018

We should visit the yellow steps.

The blue step is a bit of a stretch but not impossible. Today, my confidence for this target is at 60%. This will change over time. I'll try to provide updates when we move lower.

Good luck.

7 oct 2018

Orden cancelada

Do not follow this idea! It's incorrect.

I've provided the new analysis here:

11 oct 2018

Operación activa

Going back to this idea. I don't know what happened and why I changed my mind last minute before this move. Need to do some soul searching :)

Anyway I expect this to rip down to 262 shortly.

We will not revisit the top anytime soon. Few years. Markets will go lower I believe.

11 oct 2018

Nota

Playing out as expected. I wouldn't go long on the market just yet. Fear still a mindset and I expect more selling and one more bounce of the resistance. Possibly gap downs on open and rally up.

Some nice bounces coming soon during earnings.

27 oct 2018

Nota

Target hit. We are in for a bounce until January.

27 oct 2018

Nota

3 nov 2018

Nota

Hitting the targets as defined. Click play on the main chart.

16 dic 2018

Nota

Bouncing a bit but should hit target.

17 dic 2018

Operación cerrada manualmente

Closing this trade. I think we're at bottom and will be bouncing here shortly. Forget about the previous target for now. Might not happen for months.