1.
$S&P 500(.SPX)$ Large Range Bound btw 5640 - 5540 for SPX, so sell the rips near the 5640 zone and buy the dips near 5540. Rinse and Repeat, for today and tmrw. Then, new frontier will be explored--of course, to the DOWNSIDE. The extreme fear can only be settled by MORE FEARS. Capitulation!!!
2.
Told you: Short the rebound when SPX gets closer to 5620-30, yesterday's high; and scalp for a short-term rebound once it gets to 5540 (if you are nimble enough, as the primary trend is DOWN). It is almost certain on my chart that SPX would break below 5500 by tmrw noonish.
Macro Trend
Monetary policy, various types of price indices... Here is everything about the macro economy!
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