oliverrathbun

SPX - Longer Term Scenario?

SP:SPX   Indeks S&P500
The last two trading session were one way affairs to say the least. They look corrective to me.

I think the March 29 high needs to be eclipsed for the story to be complete on this market.
Is there is more price structure needed at higher levels to form a complete top? To me yes.
Given all the fundamental factors at play here you can call me crazy now. :)

Here is my idea....


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