SPX - one more low and then bounce to 3800

This is what I'm expecting. Watching all 3 trendlines today - lower red for buyzone (expect a spike through), over the Blue to confirm bounce, and upper Green would be short term long target. If they bounce and ultimately can't get above the upper Green trendline, the market could start consolidating there and break up later or - consolidate there and break down. Ultimately, below the Red trendline on a daily close for me would be a stone cold short.

Good luck!

Komen:

Komen:

there's the overshoot, now likely rejection

Komen:

alternate blue trendline may be the buy area

Komen:

close,

Komen:

last wave down should happen into the close. If I'm wrong, they will get it over 3674 by close

Komen:

another structure to watch, above 3680 nd it may become support

Komen:

denied, lower into tomorrow unless they get over and hold 3680

Komen:

futures were a mess, over 3720 and it probably gains some traction, otherwise another low is still possible here.

Komen:

failed breakout, likely lower for the day

Komen:

DXY not done rallying yet

Komen:

same line different hour.

Komen:

Dollar - another breakout - relentless

Komen:

not much more to go on SPY, should bounce late today or tomorrow.