This will be a quick update.
As long as we hold 3907-13SPX on closing level we should see lower going into Tuesday am, then up into 2nd/3rd high.
Another possibility is we bottom on the 2nd and reverse into the Midterms with higher levels to be seen, maybe even above 4-4.1k zone
I really have no good support till the support cluster zone at 3739-3750SPX
There are 2 supports on the way, look for 2 grey lines below the price.
Ideally we gap down tomorrow and wont look back till 3750-40 zone is tested then a rally back to 3918SPX before the Fed decision.
Im having a dilemma is we see a low or a high on the 2nd (pre-FED), ideally its a low and not the high, as I want to see a good push into Midterms with the high to be seen on week of Nov 7th.
Then I would expect a strong move down to at least re-test of Oct 13th lows + or -, if not 34 handle.
Its getting to a point where it can breakout, cant rule out that.
If we do, we should see 4-4.1k and no way higher then 4300.
Nov is a bearish month when going back to Mid-Term elections and since its a bear market, I expect Nov to be a red month with Oct being the high month.
Tomorrow am will be a telling story, so far futures are slightly down and we have a gap from Sunday open, futures gaps always get filled!
Will those be filled after a strong move down tomorrow into the 2nd or it might get filled before the open or in am at top.
Again all eyes on 3907-13SPX as a maj resistance going into tomorrow.
If the price closes strongly above that resistance tomorrow, I will get long into Nov 2nd high.
So far Im swing short and quite under the water from Fri close.
Its going to be a very volatile month, so dont get emotional thinking that you're missing the train and jump when tomorrow it all can dramatically change