In case if anyone wondered how DavidDT looks like…and how he handles this endless market boredom…yeah…now I don't know what is better – flash crash of slow market death in time of economic cholera…
IF I still believed in D-Wave I would say that hourly chart looks damn promising at least for pullback after quick runup into tomorrow's 2:15 BS FED "We Care about You" statement…Sell setup in progress and Wave 5 has not excided target by too much…yet.
On weekly – SPX is in week 9 of sell setup in progress – same old picture – no need to repost.
And finally daily – right at the critical point – not much of bearish signs here – looks like solid consolidation before breakout – I will wait for a least 2 days above TD Risk Level before I will take long trade…
I am just not excited about this market, I really don't care at this point if it will go up or down short term – I am on the sidelines most of the time and using this stale action to take care of my "other" business…plus I recently moved to a new place and… I have never imagined how much crap I need to buy to feel like I am home again…keeps me busy though…
