With Eur-Usd as 50 % retracement. Closed my shorts. I don´t know if this is going to take more as 61.8% – but I took long also from 1.3300 (reversed my position).
With SPX, it appears for me that after this biggest montly gain since 1974 as bloomberg described it still missing some if we consider this rally to be very large 4:th wave. It can lead us anywhere between 852-870. It´s a bit scary how oversold oscillators has ran during this short of time, but they can go even more.
Either the case is, for me there´s very large fifth downwave coming sooner or later and I don´t think this market is going to find any kind of bottom for several months.
