The New CS Board

[Oddlot]

$SPX the confluence of expected lows continues 9/10-9/16 followed by mid Oct. The mkt doesn't budge. The pnf trend changes start below 2850, with the cliff at 2800 or so. The FLD216 is moving higher, up to 2840 area, so if broken, the obj remains under 2700, with pnf obj a lot lower.

So it either will happen very soon, or not at all. For anyone not involved, you should consider an entry on break below 2900, with stop over ma50, say 2950.

Holding shorts SPX avg 2904.5