S&P short term cycle swings

[SyndicateTwo]

Well, I'm not recommending the calls because of the inherent risk. I'm doing the short put way. But don't fall for this rally. today's SPX high could be the Gann angle that sets up the continued drift lower (lower highs/lows).

If we're in a 2nd wave pullback, it needs to go lower than this. Not until you get above SPX 833 will it confirm a bigger move - in which case if that happens without a pullback here, then we're still in a wave 1.

Remember, 'sell in May and go away'.

The Jan effect should set up a MONSTER selloff later this year.