SPX Short term speculative roadmap Jan 2021
Very rare but bullish corrective pattern
Komen:
This is a rare but very mischievous pattern but i find it highly applicable given the current economic set up
Komen:
Could extend next week up to 3855, even a a tiny bit higher into 3880s
Komen:
Next week are entering the risk window into Feb
Komen:
with 3833 it is exactly 600 points of the low in late Oct. Curiously, we already has a 600 point rise into early Sep. So if there is a risk off window as i think, then we should be moving pretty soon. Alternatively, this could be early diagonal forming which are very misleading patterns
Komen:
Good start last 2 days, lets see how it proceeds into next week
Komen:
Next trading sessions very important. Should be attacking 3660 and if successful there, then 3550 which should be good enough for a correction here
Komen:
It made an irregular correction and overshot but now working on the downside wave
