wakeup wednesday, page-82

Two charts.

First DMI suggests one big down day will create a rally.

My view is a bust of XJO 5700 but a close around that level.

Second chart and SPX with put/call indicator at bottom.

Once again, one good day down.

18th is best date but watch for a nice big SPI discount to give a great entry.

Keep in mind that crashes can still happen from the best of positions and that at least another leg down is likely.