The SPX Crash Mapped (You agree?)
No analysis... You've been warned.
Unless you see news of more trillions being printed, expect the SPX index to crash strong in the coming weeks/months.
Likely course of action
1. Test of ~3950
2. Small bounce and then test of ~3600
3. Strong drop, long lower wick to test low ~3ks.
4. Slow drawn out recovery...
What's your take?
Namaste.
Unless you see news of more trillions being printed, expect the SPX index to crash strong in the coming weeks/months.
Likely course of action
1. Test of ~3950
2. Small bounce and then test of ~3600
3. Strong drop, long lower wick to test low ~3ks.
4. Slow drawn out recovery...
What's your take?
Namaste.
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