Am I the only one that sees a correction?

I agree with a correction coming. First downside target is around 10300.

 

I'll go out on a limb and say that the E-Mini S&P will pull back to 1203.50, then 1197.50, then 1193.50, then 1193.00, then 1191.50 and then 1186.25 on it's way to 1146.75. If it breaks through 1146.75, well, we will see. That's 72 points from current, lets see how I do. Oh, stop 1225.50.

 

Interest rates zooming by the end of the year inflation hard to reign in thanks to crude prices. Meltdown is on the cards unless we can get crude under control which doesnt seem likely. My opinion only

 

Gotta love when your downside targets hits in just 2 days.

 

Excellent call! With all the $$$ you probably made, are you buying us steak dinner?

 

I suspect we'll see a price lower than 1146.75 before this secular bear market is over with.

 

T bone or ribeye ?