So next support is 4531 on S&P.
Then Ultimately is we are going to get a correction the market will have to take out that 4500 support.
If that happens that would be a real bad sign for the market.
Conversation
Would you go in overnight for a bounce in the morning? Want to avoid using a day trade if possible
1
2
A good flush out would be healthy for bull market ..isn't it?
1
So do we look for the bounce at 4531, and if the market truly is correcting, it bounces there then comes back down and takes out 4500?
But if it doesn’t bounce at 4531, do we then look for the bounce at 4500? Or is that too risky because of chance of a market correction?
