Stocks still struggling - $SPX copying late 2021?
The risk in #stocks is still not to the upside.
Took a trade before this rally, but that's it, a trade, already done too.
Lower low today, still expect to be positive for the day, but until we get some sort of reversal, the risk is still to downside.
DJI
UDOW
NDX
is trying to find a bottom but here's not best place. Very light support.
SPX
looks weakest of the 3.
We could very well be doing what happened in late 2021. One last hurrah & then kaput.
Took a trade before this rally, but that's it, a trade, already done too.
Lower low today, still expect to be positive for the day, but until we get some sort of reversal, the risk is still to downside.
DJI
UDOW
NDX
is trying to find a bottom but here's not best place. Very light support.
SPX
looks weakest of the 3. We could very well be doing what happened in late 2021. One last hurrah & then kaput.