hi voltaire
your target is in agreement with my stuff.
i tried to post a chart this morning but ran out of time. i'm currently super busy, so will post a chart when i get a moment to breath.
the one hour chart suggests a bounce back tonight on the spx may be possible. four hour chart suggests if it does bounce, that should be it for the next few days.
maximum pain for june opex still supports the case for a target of 830 as a minimum.
imo, if recent high is not taken out soon, it further supports that we may completed the move to the upside and we're heading down. not sure if the march lows will be taken out - wait and see.
thu, if 830 is the short term target, that area should support some sort of corrective move to the upside.
just my 2c.
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