$S&P;500; UPDATE

$S&P;500; has been trending sideways to BEARISH since mid AUGUST.
based on our studies of PRICE&TIME,
we have been very clear that it has registered a major high at 4,607 on 27th,july.
The PRICE action since that high is further confirming our view.

it has been a slow decline but we have to accept that.
MARKETS lately have been very narrow.
Hens as traders we have to position ourselves keeping that in mind.
Just to keep things in prospective,
in entire 2023 there are less then 7 trading sessions in which S&P have declined more then 1.5% in intraday basis.
So that says everything.
I have been in markets for more then 10,years so I do understand that,
such narrow MARKETS does not last beyond a certain point.
For S&P; we are reaching that point in OCTOBER.
For short term,
we have a PRICE and TIME SQUARING DATE coming on 27th, and 28th,SEPTEMBER,
So we are going to watch that very closely.
We have shared Targets of 4,300 and 4,210 earlier,
and we still maintain that.
4,275 is also a key support let’s see how it reacts there,
for MEDIUM term zone of 4200-4250 is absolutely critical,
Going forward INDEX needs to break this zone for a MEGA decline.
We also have been very clear with our view that the OCTOBER 2022 low of 3491 on S&P; is not the final low.
That low will break,
and we have a certain TIME window within which it shall break.
Would share that when we get closer to that TIME.