Have a great weekend! This was the lowest vol week since before the crash, which means a big move coming. My $spx plan/levels: We formed a bull wedge and 2530 breaks it out targetting the 50% fib of the whole selloff ~2780. Warning though - if we lose 2340 first, new lows coming
NOTE: Before 2780, 2730 on #ES_F is also key resistance. This is resistance of the purple rising channel in my chart from the March 20 lows. For longs, not a bad spot to lock in gains if hit and look for a counter-trend (trend being defined off the recent low) short.
You can follow @AdamMancini4.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: