SPX500 - Market Correction Imminent

16 ביוני 2020

Even with the gap up today, could not crack the previous high. Plus, convergence of trends. At minimum we could see a correction to 3030 in the next few days or after a flat day tomorrow. Calling no way this rally has more steam than we saw in the last few days. That drop on Thursday was real, and this is the final act of the bull market. If not 3030 this week yet, i have eyes on a larger correction down to 2082 by mid-July. All ships rise and fall with the tide, don't get caught overexposed when the fed gravy train stops.