An update to a previous post that is playing out predicting 48-52.5K around Thanksgiving time.
- There is a bigger price to pay in the retrace. we just got rejected off overhead fib resistance. - Look for a bottom either around 52K , or as low as 48k... you''ll know when you feel it, fear index will be in the teens and everyone will be saying it's all over.
- Bottom will be quick and recovery will be quicker, use limit orders!!