Alternative Path

[gdl]

Throw in the towel!. Nothing, i men nothing seems to break the controlled slide. it rebounds at all support zones either right below or above it.'3970 was it today. like a magnet. My guess is Monday is the last day of the slide, or possibly today. In order to fulfil my assumption that we will see new lows on this cycle Monday has to CRASH! Highly unlikely given the ease at which this market is manipulated.

3970 to 3570 is a 400 SPX point move. I don't even think we can muster a 100 point move down. How the market resolves this slide as shallow as it is to resume the upside is beyond my imagination.

Looks like we manage to crawl back up? Man this week was BRUTAL on the economic front. Seems not to matter.