TheHappyCrab

My thoughts on SPX near term

Short
SP:SPX   S&P 500 Index
Given the crypto pullback and several other market indications I believe we may see one more push higher in equities and then a sizeable correction. We may or may not get up to that long term resistence line before the decline begins. In my opinion I believe we will see a pull back to at least the .05 - .618 fib. Beyond that? Overall liquidity suggests no crash thus far. But we are definitely due for a sizeable pull back. We will see how it plays out soon enough.
Just my .02

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