SPX still on sale after a losing idea
why? because it finally made contact with its long term cyclical support for the 80 day cycle
Support must be shown here on SPY 0.00 into Monday or the market faces a huge risk of rout to the downside.
2% loss from 400 down to 393 today was exploratory.
Its time to consider another long…
Have a good weekend
EDIT AFTER FRIDAY’s CLOSE:
Nothing but shorts for me today. No swing longs except for one idea to take TSLA 0.00 long on Monday open above 152.50