Hi All,
Today Thursday I said @ 11:30 am ET that 2110 needs to fall
but it held hard for a while.
Now that 2110 SPX has fallen I believe it is strong
resistance.
Friday is a wild card and I have no call!
I have a low next week and a retest of that low the week
after Aug 3rdISH to get long
for a sharp rally to 13-14th or 20-21 expiry more on this in a week.
How low could we go? Of course it will have to be find tuned
but 2075/2083 SPX looks do-able if this is a wave 4 correction. Lower than 2075
and this is no Wave 4.
I look for a momentum number of 4150- currently we are at
4221.
This is what Advance Get looks like.with 618 @ 2075 Spx
Jerry
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