Missed my target-zone by a few points and the decline from 1,032.82 does look impulsive, therefore we could already be on the way lower again. If this count is the correct one under no circimstances can we see a move higher than 1,029.43 an should soon see a break below 1,018.67 confirming the next decline towards at least the 996 area, but more likely we should see a decline closer to 976.A break above 1,029.43 would delay for a rally into my target-zone, before lower.
thx for your analysis - I've bought another SPX Put to hedge my portfolio.
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