SPX R3=2933-35- SELL ALERT !

 

As previously outlined- This level represents a robust area of algorithmic projections across MTF’s that are likely to be the extent of the current S/T UP cycle and likely to set up a mean reversion over the next several days.

 

Although we already fired some off @ 2927- were going to get a bit more aggressive here as this really represents the extent of this move within the S/T- (minor cycle) and sets up a pullback in price/TIME into next week.

 

 

 

Adam Lorraine-

 

Technical Analysis Specialist-