Jayed
Short

A non-traditional look at the S&P 500

SP:SPX   S&P 500 Index
Ever since October's plummet I've been bearish on the stock market. December's dump well below prior support only validated my view. So instead of saying "sugar we're going down." This is my attempt at projecting the most probable movement range for the next 2 months, assuming the index doesn't find support at 2900. I personally have little faith we'll even see 2900, as I did prior to this week's slow growth. The next two weeks will determine whether we see the bottom fall out in Q2 vs Q4.
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