thoughts in the video. remember fed announcement is 2pm EST
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3785 resistance area, watch for breakdown.
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Looks like A wave is finished, Fed should push down for B if this is correct.
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Could have one more wave up to take out stops before reversal
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yep, one more high, now we should go take out stops under 3700 but they may come in to buy near the bottom.
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Looks like B will be done today
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oil losing trend, expecting a retest before the bigger sell.
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C wave looks to be finishing as well today. Ramp into close maybe a bull trap. Personally I'm collecting shorts, but still mostly cash. Another SPX chart is telling me to watch for resistance around this area, could go higher.
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USOIL backtest and failure so far
