5750. The market likes round numbers. Maybe. I'd say a 25-30 point rally would be needed to kill the trend day down structure. Assuming lower for now.
Can I brag once more before it fades away into a distant memory? Just once? That said, I'm gonna stand in solidarity with V-man: "I want my "V", NOW!!!"
Provided the bottom is in, I think it's possible to rally back up to 5780-90. But is that enough to reverse the trend?
Yep. That first leg down was so strong that it is likely we see another. Or a new low at the very least.
waterfall just started two weeks ago merely with talking. with actual implementations, there would be no bottom. everyone must hit back.
The problem is, that big MAGA pussy is backsliding on his own words. And the market don't appreciate pussies.
That would have killed the trend day down today, yes. Medium/long term, I think we're going considerably lower. But like you say in your last post, you never know with the orange dumbo. He's vain as few, so if the stock market tumbles, he may find a way to fix that.