3309 Drysdale Ct
Edwardsville, IL 62025
Steve mentioned a 200 point move Possibility for a wave 4 up.
Yesterday's move was 190 off the low. I know we follow price but is
this cautionary as a new low ... or just too much conjecture?
Just trade what's in front of you - mapping this is extremely
subjective. Many should simply curtail or refrain from
trading without a clear cut low risk setup
If that's not enough, you also have the Russia/Ukraine situation
in the backdrop
Make no mistake, the key driver of the market of late is the FED
having moved to fight inflation into a SLOWING ECONOMY
In the same way that some older investors struggled with the
notion of a “fiscal put” in March 2020, they’re struggling with the
fact that we’re still going to get rate hikes even with stocks
being down. Gotta be careful with the pre-2020 markets/Fed playbook
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!