And the bulls thought that this past weekends talks on some sort of tariffs agreement was going to be the beginning of a new bull market and a run to 3000 on the S$p ...haaaaa Looks like any more downside and the fed will come crawling out not raising rates at the December meeting and putting a stop to all future rate hikes.... someone's gotta keep this bull market intact!!!!
Technicals are breaking down....bear market should be here sooner than anyone thinks!! Buy the 1000+ point dips and sell any rallies!!!
I have no market opinion and if I did, I would not feel comfortable saying it. I have noticed that when every trader here is predicting a slide, it is often within a few hours or days of a rally. Even if short lived.
Isn’t the old saying markets go where they hurt the most people? The overall view is down so probably time to go long.