Today….Let’s just look at S&P timing.
The big question in today’s market is whether or not the current decline is only temporary, or if we have a more important high in place. Sorry to say I have to take this market from one decision to the next and I do NOT know the outcome for sure.
I will however have you watch two time windows that are coming up as far as timing for a possible tradeable low to develop in the S&P. You can use SPY options for this one! The timing dates illustrated on the chart for a possible intermediate low to develop come in 6/24-27 and then 7/2-5. I will be watching for buy triggers against these time windows.
For more information on triggers, please check out: