I have no idea how they're able to do this but every single...

I have no idea how they're able to do this but every single session since monday has been a buy this week & yet the index just continues to grind lower
Getting annoying

The sad thing is the xvi hasn't even gone into panic mode yet

Looking at closing prices
I have 7105 as the bottom of my consolidation range
7095 as a new bullish channel
7065 is technically how low we can get if they want to continue to go lower tomo (after hours it doesn't matter if it gets there if the intraday xjo ignores it tomo)

7125 is my closing fence so I want a long position locked in before it jumps my fence & breaks this downtrend
While the US vix is spiking, you can't do a buy & hold long positions

Spx holds 4375 tonight & they will bounce back big
They lose 4375 & we return to 2022 markets
I have no idea how bad the xjo will fall if that happens (definitely lower than 7000)
So I'll remain positive until that actually happens
Haha