How about a Chart

Futures say +16 roughly, have been floating between that and +20.

resistance today. The Violent moves on Friday have my charts freaked out. So some Real time Trend lines are difficult.

Futures are at the 125 SPY level.... Also 50% retrace of the last high and low. I'll suggest we will bounce in the first 30 minutes. I'll suggest that this will become important support Today.

Massive Resistance at 127, and Epic Resistance at 129.
I saw this pattern, This is Very Stupid. But this got my spider sense going(Cause, I'm spider man) But Patterns Repeat themselves, This is the Low from Friday. What if this Repeats, Maybe 2-3 day rally, Pull back to retest 11K on Friday, 3 week Rally, come back and retest 11k in 3 weeks?

Maybe even today we Test 126-127, Come Back Retest 11K or 122.5 spy. Successful Retest, then off to the Races.

Just a Crazy Idea.

the EWT Still Says 129 on the Spy, then we get a Retest of the bottom of the trend.... Maybe we get that Double bottom, near term.

Just ideas. The common theme is a Rocket shot.

That this wouldn't end in a 3rd washout, and that "something that works twice, usually doesn't work the third time"....... May have been a Valid Thesis this time.....

I'm excited to find out.