my overall thought is that over time SPX fills that 4020 gap,
then probably has another pretty big pullback to the 3800 area,
then rallies again in some sort of wave C to the 4200 area
but the key is - it won't be some straight up move easy
peasy.
short term we'll see if we can continue up maybe to fill that
4020 gap or we get a pullback first, obviously Jobs crap
tomorrow
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Are you implying that this
Bear Market Rallies - in my experience and humble opinion, ...
Posted by fredsaid on 7th of Jul 2022 at 03:59 pm
Are you implying that this rally has some legs ?
No, the opposite, I am
Posted by Walt on 7th of Jul 2022 at 06:00 pm
No, the opposite, I am saying that this rally is weak and very UNLIKE the powerful big Bear Market Rallies that take your face off.
my overall thought is that
Posted by matt on 7th of Jul 2022 at 04:03 pm
my overall thought is that over time SPX fills that 4020 gap, then probably has another pretty big pullback to the 3800 area, then rallies again in some sort of wave C to the 4200 area
but the key is - it won't be some straight up move easy peasy.
short term we'll see if we can continue up maybe to fill that 4020 gap or we get a pullback first, obviously Jobs crap tomorrow