The goal is the 200 weekly MA (SPX500)

12 мая 2022 г.

A simple chart. This market has a goal and as far as I can tell it's the 200ma on the weekly. Currently that's at 3473, so around 3500 will get interesting. Yes there will be bounces here and there soon, but honestly there's a vortex of energy sucking this thing down to 3500 where the big whales will have their mouths wide open. Bounces are shorting opps until we get there in my opinion.