SPX Decision Time

25 พ.ย. 2018

Got a few scenarios mapped out here. It's actually really scary to me, because if we drop hard over the next few weeks it could be a long-term recession and potentially depression for many years to come. But, I don't think it's likely we'll dump hard because the Fed and banks will do what they can to manipulate the price and keep the bubble going.

I think it's likely we'll bounce around this current level, but market makers could decide to sweep the stops by breaking the local low and then bouncing around 2576-2559.

Got the possibilities mapped out. Let's see what happens and use good risk management.