24000 broken just as I thought it would.... Okay this brings on and even greater chance the markets fall to February 9th lows, so get ready for it....it's coming. Think we may break 23,000 and of course a bear market should be here by early summer
Looks like the bear market is coming sooner than we think... Market breaking down again: Half of the S&P 500 in correction territory More than 275 components in the broad index were down at least 10 percent from their 52-week highs as of 11:04 a.m. ET. General Electric is the stock farthest from its 52-week high, trading more than 55 percent below that level. The U.S. stock market came under pressure Thursday as a combination of trouble in the technology sector and concerns about a potential trade war rattled investors. https://www.cnbc.com/2018/03/22/mar...lf-of-the-sp-500-in-correction-territory.html
So let's see, last month after the markets turned higher after that February 9th intraday low, markets skyrocketed and nearly every talking head said that was the correction the Market needed to move higher and continue this 9 year old bull market....many predictions for s$p 500 to 3000+ still stand, what's amusing now is that after 95% of them said the correction was over....if these markets revisit new lows you can be almost certain that they are headed for a bear market!!! Markets need a serious rally tomorrow....
Futures falling again....were down close to 200 now off about 130....who knows maybe they will be bright green by the open. Anything is possible tomorrow. Get some trading ideas ready for tomorrow's volatility!!!!
"Get some trading ideas ready for tomorrow's volatility!!!!" Thanks, I needed a good headstart on that