$S&P;500; continues to sink, few days back I posted, if S&P has to rally then it must hold 3860-3880 initially it held! Even gave a bounce till 4,120 but today, it is breaking those support levels!”
Technically on TIME parameters it still needs a Lower Low next week
Which won’t be a big deal, U.S. MARKETS, are going in a shape, where everything could go crazy
This would conform once CBOE VIX prints 33, which should happen going forward!”
There are plenty of DEVIATIONS in U.S.MARKETS which will be resolved
In short term markets can behave strangely
But structure continues to point towards 3,260 in few weeks
Going forward if S&P,cash, prints 3,765 that would open Target of 3,565 in short-term!”
