Short term update

UPDATE: I do not what to say, I do not know if this is bearish or bullish.... in no mans land. A lot of reversals, range for more than a month. One is sure this behavior means we should prepare for the next big move lower or higher.


The move lower is not a surprise the divergence was visible yesterday but it is deeper than expected so inverted H&S or X wave and lower low... are equally probable now. The action around the 1500 area will give us the answer.