.SPX: Silver Black Monday

MasterWU
10-14

Hello everyone! Today i want to share some trading ideas with you!

1.

"Silver" Black Monday:

(1) 10/20 has a better chance to register something ominous; with VIX's current structure, I still think it is likely.

(2) the trigger may not be U.S.-China tariff fight, but a structural failure of Silver market.

(3) Let's call it "Silver Black Monday".

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2.

$S&P 500(.SPX)$ closed lower than 6655--leaning bearish and better counted as a-b-c zigzag corrective move for the rise.

The second half of day is most likely working on a zigzag down w[b] to fill the opening gap tmrw.

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Then, to annoy both bulls & bears, a snap back w[c] would hit 6650.

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