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ROYAL_OAK_INC
Aug 16, 2023 3:45 PM

Stocks still struggling - $SPX copying late 2021? 

S&P 500SP

Description

The risk in #stocks is still not to the upside.
Took a trade before this rally, but that's it, a trade, already done too.

Lower low today, still expect to be positive for the day, but until we get some sort of reversal, the risk is still to downside. TVC:DJI AMEX:UDOW

NASDAQ:NDX is trying to find a bottom but here's not best place. Very light support.

CBOE:SPX looks weakest of the 3.
We could very well be doing what happened in late 2021. One last hurrah & then kaput.
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