SPX Roadmap Update Oct 2018

Oct 27, 2018

Critical week coming..

Oct 27, 2018

Note

Essentially similar to 2015/early 2016 episode

Oct 28, 2018

Note

This looks like 1st step of 1st part of multiyear, managed bear market based on FED liquidity withdrawal and Treasury sucking liquidity via the deficit. The bounce could be the last chance to sell if there are no changes here (or China trade wars)

Oct 30, 2018

Note

Yesterday spike lower showed increasing divergencies on almost all my indicators. Historically, this is very, very close to some interim low, if not already yet there. In any way, this could form a more complex pattern, for example multiday spike higher to a lower high then lower low spike and then multiweek rebound, way more solid

Oct 30, 2018

Note

In that latter case, this whole range bound trading in 2018, most likely could be a flat Wave 4 correction. Ahm this 4th wave connundrum..

Oct 31, 2018

Note

Solid bounce so far, needs to close above the downtrend line

Nov 9, 2018

Note

So far on track

Nov 9, 2018

Note

78% retrace is 2860s, next 1/2 weeks?

Nov 23, 2018

Note

More bottoming action in what looks like a similar set up as in Aug/Sep 2015 before going up into Nov