Indice S&P 500Short
Control your losses
Observation - regarding the indices, we're somewhat in a free fall. 3600 on the S&P was a big one, but technically we broke that support with conviction. Our new support level is 3250 but everything points to another 40% correction like 2000 & 2008 ( 2895 on the S&P 500).
When/Where is the bottom?
Typical returns (after the bottom has been reached) have been over 100% for the first two years. We must be in the market, but when?
January - Feb '23 timeframe for 3250 on S&P 500
March - April '23 for 2895 on S&P 500
Key Indicators:
When Grandma wakes up and sells everything
Apple breaks support 130
US Dollar Index roles over
Bond Market crashes
Fed Pivots and changes strategy (stops the QT)
Full scale panic/Cramer is speechless, and everyone thinks the Market is worthless
Stay safe, Protect your wealth!
When/Where is the bottom?
Typical returns (after the bottom has been reached) have been over 100% for the first two years. We must be in the market, but when?
January - Feb '23 timeframe for 3250 on S&P 500
March - April '23 for 2895 on S&P 500
Key Indicators:
When Grandma wakes up and sells everything
Apple breaks support 130
US Dollar Index roles over
Bond Market crashes
Fed Pivots and changes strategy (stops the QT)
Full scale panic/Cramer is speechless, and everyone thinks the Market is worthless
Stay safe, Protect your wealth!
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