They filled the gap finally then the selloff started. Buy orders needed filling so they ran it down before the buss takes off. Have stocks already discounted the economic down turn? Normally the stocks are 9 to 12 months ahead on pricing in which it has with all the rate increases. Now we have to price in a recession so I’m expecting a downturn soon I’ve said before July might be the turning point. By then AI hype might die down. For now we need to hold 415 and break 424 to continue higher. So what will we see first 400 or 440 that is the million dollar question. All I know is when we go down it’s going to be worst than last time so something big needs to break for that to happen. I hope you watched the video over the weekend and helped a little. When you genuinely accept the risks, you will be at peace with any outcome.
As always trade what’s in front of you good luck
As always trade what’s in front of you good luck
