This is the current outlook for SPX ... one last dip, a parabolic run to a local (or longe term ?!?) TOP and a forthcoming 20% correction.
Short the near coming spike, long the dip up till 5k or near.
(beware LP shenannigans, if we see a hard rejection at 4470/4480 and a fast dip to 44390/4412 area, this is IMO not the end of this spike yet... this current spike should, +/- any short term pullbacks, clear 4500 level before the real correction come!
*no fianancial advise
Short the near coming spike, long the dip up till 5k or near.
(beware LP shenannigans, if we see a hard rejection at 4470/4480 and a fast dip to 44390/4412 area, this is IMO not the end of this spike yet... this current spike should, +/- any short term pullbacks, clear 4500 level before the real correction come!
*no fianancial advise
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outlook as changed... i think we've seen the top for the year
