S&P futures up 24 nice dead cat bounce.
No surprise after a 105 point drop since I took profits.
But more of a chance it will be rocky to start with early tomorrow.
but if you were only looking for a 24 point dead cat bounce.
There could be plenty before we put in bottom.
Conversation
Assumed it would with 1st of month tomorrow. Bearish monthly candle close on SPX n /es. similar to 2020 but earlier this yr. We failed on inflation concerns n continuing down on them, not the variant as shown by $ZM weakness today and Powell talk
4
1
I have strong concerns about long charts. This doesnt look good for 2022 n longer…. Another crush coming in next few months. Tapering, inflation, variants, stagflation, strength of China/Russia tech advancement n military growth
1
Show additional replies, including those that may contain offensive content
Show