Markets move from level to level.
It does not matter when a market completes a swing.
We live in a 24 hour investing world.
Spoo’s just sought out and trades the next level.
DJI, Spoo & Russell models will go Neutral this week as well as their Risk spreads.
Nasd 100 will likely remain up.
Spoo…100X3 would need a 3100 print to confirm last night’s low @ 3005.
2944 is the bottom of the long-term channel and the previous 2018 double top the Index broke from.
The range is big.
Trade the capital flows and above all don’t fight the flows.
It’s a lemming effect trade.
Don’t let the little beasties ruin your P&L.
Trade to make money/not to be right!