SPX

Although the charts look very bullish (in my opinion), in the past 3weeks i've been more comfortable making down plays (Puts/shorts) than making up plays (Calls/longs). This has nothing to do with technical analysis. I just have a bad feeling about the market. It has proven to be very resilient in the face of all kinds of bad data/news/global debt/geopolitical events etc. Just too much for it to handle. It will give way soon (I hope it's not the case. We need a better world).
WHEN Israel attacks Iran's nuclear facility, it will lead to a sharp drop in the market because of the word "nuclear". It will be followed by a sharp rise if the market learns that the facility has been totally destroyed i.e no nuclear war. Then more downside if Iran fights back.
That is the point whereby technical analysis becomes useless even though elliotticians and perma-bears will start saying their long-awaited "wave 3" is in progress. And how they predicted it. This will have nothing to do with technical analysis but geopolitical in nature.
I wish the world was in a much better condition. I really hope what is about to befall the earth doesn't happen. Too late though.

Note: The second of seven links posted yesterday was not working. Just noticed while making this post. Has been fixed for any interested.

SPX-DAILY

SPX-30MIN LONGER TIMEFRAME

SPX-30MIN SHORTER TIMEFRAME