Rest of July

[The_Technician]

imported post

Recently, I have been studying the market trend....given out current situation that has changed here severly in the last quarter I feel we have set a new MO in market trends.

After ananalysis over some recent data,I feel like we will continue the yo-yo with a bottom around July 22-23, we should rebound from their only to yo-yo again with another bottom around Aug 20...

from there.... its whatever it will handle and looking for a market to top out and correction to start sometime inearlySept thru earlyOct....from there, I feel its down from there...could go 30% down or more....

So I'll be playing it till then.....:^

 

[The_Technician]

imported post

Let me update this till EOY...

Feel like we're going down below 1130's soon on the S&P....so keep your hats onduring the slide.....it seems we will have a reprieve starting late Dec for a short period, but I wouldn't put money on it at the moment....considering the economics as they stand.....longer term bottom could be in the low 800's on the S&P.....the four horsemen sure have hit it strong of late....:?

The question is... Where is the bottom really going to go??

:dude: