TheTradersRoom

#SPX SPX Jan 24th after the close update

Short
SP:SPX   S&P 500 Index
SPX will be the first update from TheTradersRoom.

SPX has hit its desired target we have called yesterday - 4904.50-4909.50
So I call it a perfect hit. Today's reversal came on a heavy selling, also got a black reversal daily closing SPX candle, which if not broken 1c above should mark at least a temporary top.

If the price did find its top, then tomorrow's open should be a gap down below 4864 and my min target will be 4840-4835 SPX

We have a Panic cycle day on the 26th and Im looking for a first important low on Feb 1st

Happy to be back!

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