Bear markets are full of these face ripping rallies, which should be faded.
My prediction is we come to retest 2500 - 2550 area, make a new lower high.
Looking to get short but not yet.
Dec could close at 2550.. or could capitulate from here.
My prediction is we come to retest 2500 - 2550 area, make a new lower high.
Looking to get short but not yet.
Dec could close at 2550.. or could capitulate from here.
With $SPX failing to break fridays high.
Signs that this is the new low top.
Went short on Friday. looking to see a retest of the Dec lows in the next couple weeks