Oh how the mighty have fallen
Aggiornato
We called the bottom and the top on this
Does it make another high- i doubt it
But either way it has a lot more downside mid term imo
Target is 101 range in Q1
Short term more down also
So roadmap at this point is down into FOMC Dec, 0.75 bps raise; nice ded cat
Then more down in Q1
If so stonks can fly early Dec, pullback mid Dec and a rally into month end
Risk is ONNNNNNN
NOT TARDING ADVICE
GRI 2022
Does it make another high- i doubt it
But either way it has a lot more downside mid term imo
Target is 101 range in Q1
Short term more down also
So roadmap at this point is down into FOMC Dec, 0.75 bps raise; nice ded cat
Then more down in Q1
If so stonks can fly early Dec, pullback mid Dec and a rally into month end
Risk is ONNNNNNN
NOT TARDING ADVICE
GRI 2022
Commento
Longterm path is clear
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