Alternative Path

[gdl]

Chart pattern SPX: double top here. there is a vacuum all the way down to 3800 - 3770 area. It can actually hit that by Friday and still be in a bullish uptrend. If by Friday we break below than a crash is possible next Monday or Tuesday.

I know this is wild talk and likely just another crazy notion but the chart pattern can fit very nicely with a low around the 21st. I keep listening to the FED as they explain why they will raise rates in December only 50 basis points but reiterated strongly inflation is going higher still and we are not even close to a peak. Every single announcement by a FED member states the same thing over and over.

I need for Thursday to start weak and continue down for whole day to set up for a deep drop Friday. Tall order. After hours are non-committal.