Hi guys. Here's my humble perception of SPX500 as of now. I don't think shorting is a great idea though. I would rather wait for a pullback. Have a nice day and thank you very much indeed.
Komen:
Also watch out for a possible bounce off this intermediary level (white line) which could lead to a retest of the broken trend line.
Komen:
OK. Here's the 1st Target touched.
Komen:
This was just normal "preliminary supply" in my very humble opinion. See you later guys.
Komen:
Today 1/22/18 the long target has been hit as well and I'm anticipating a reversal to start from here (more of a s/w character first).
Komen:
as an alternative layout, but I hope it will not take this shape
Komen:
this euphoria in the last few days coincides with some unusually high volume flow (likely volume flow imbalance - "overflow")
