Monday, October 11, 2021

Morning Post 10/11/2021 SPX

Authoritarianism is bad.

Good vs evil on fire!  

On to the lie - 

Minis off 15 and were off 25. Only 38 points from the 20dma down to the 100. The falling wedge does not technically need another lower low to complete, so 100 support would be a possible support point for it to end. Wedges turn into channels, so after completion the 50 or 4450 should be all the upside left to this market if the wedge scenario plays out. Or for those playing the counting game 5 down then 3 up. 

More to come below. 

Have a good day. 

GL and GB! 

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