SPX Decision Time
Got a few scenarios mapped out here. It's actually really scary to me, because if we drop hard over the next few weeks it could be a long-term recession and potentially depression for many years to come. But, I don't think it's likely we'll dump hard because the Fed and banks will do what they can to manipulate the price and keep the bubble going.
I think it's likely we'll bounce around this current level, but market makers could decide to sweep the stops by breaking the local low and then bouncing around 2576-2559.
Got the possibilities mapped out. Let's see what happens and use good risk management.
I think it's likely we'll bounce around this current level, but market makers could decide to sweep the stops by breaking the local low and then bouncing around 2576-2559.
Got the possibilities mapped out. Let's see what happens and use good risk management.
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