I've been a persistent bear into all the rallies under 5700 but 5700 I did think was a good level for a bounce.
I still expected lower off this but from as early as November I'd forecast a bounce here if we topped somewhere around 6100.
This was betting on a 1.27 hold or at least a dead cat.
That idea might have failed today.
Markets closed today at support. I don't like bear posting at lows in general and hate doing it on support ... but if this support breaks, the drop can double.
We could see a capitulation of 500 points in SPX.
It could be something we see soon.
I still expected lower off this but from as early as November I'd forecast a bounce here if we topped somewhere around 6100.
This was betting on a 1.27 hold or at least a dead cat.
That idea might have failed today.
Markets closed today at support. I don't like bear posting at lows in general and hate doing it on support ... but if this support breaks, the drop can double.
We could see a capitulation of 500 points in SPX.
It could be something we see soon.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。