SPX has risk to its MA50. So I dumped my long positions.
Now I wonder if 1800-2000 channel would be the case...40 point lower than I previously thought...This implies that SPX would bottom at 1800, then 1920.
1800-1920 middle is 1860. I think currently SPX is building this middle line in advance.
So down to 1800 would be the first step in the near future, then rally to 1920.