WE had a late day rally and was expecting a better ending myself.
Death Cross I believe is not as high as 75% historically. Even if it was how high in the short term can we go and what is the timeline to determine if it will work?
I have 2650 all the way to 2850 as a possible top. For me i can't see it ever reaching the upper target but have to keep that possibility open.
Curious because the VIX is dropping, the daily move is tapering off and getting more shallow. I have a maximum upside move in days at 4 more. The 13 day move off the lows.
To be clear i am a perma-bear here BUT the action tells me something is up. Must obey my gut and watch for a surprise upside move.