setember rolls on , page-34

Everyone is seeing the rising wedge as the new bear and in my humble opinion it will fail to a small degree i.e consolidate below the support wedge angle. I think we are trading at some sort of top but I can not validate it in terms of price nor time and therefore it must be a top, but that rising wedge is prone to fail IMO.

The SPX looks good to short even this late but sub 1005 I will wait and see, don't think it will go below 1005 personally and will likely be a buy at the 200ma. For the time being though a nice short nonetheless.