Hello everyone I had to take a little break, I was watching to much bear porn lol. We all know what should happen but what does happen is the most important thing. We are back at retesting the trend line for a 3rd time we all know the more it test the weaker it gets. On my monthly prediction chart I took it to 430 or so I believe we create a double top then pullback. This year’s market decline has been interesting not really a bear market but more of a whats to come in the future. So for this week there’s not much happening Monday we have ISM services PMI, Thursday jobless claims and Friday PPI & consumer sentiment. Setting up a good chance for a rally the closets gap is only 3.5% up and bear gap is 13% down so odds of filling are good to the upside. The market is acting like a bottom is in and it maybe but we are still dealing with bad news is good for the market until bad news is bad the bottom won’t be in. What do you think will we have a recession? Is the bottom in? Let me know what you think. Apologies for disappearing for a few days I had to deal with something’s remember to always take care of your own bubble first. I hope I didn’t miss anything
As always trade what’s in front of you good luck
As always trade what’s in front of you good luck
