201 views
with earnings week next week, I can expect a nice earning hype and run-up. but after that week, we might go for a bearish turn. if the 330 ish area does not hold, we may fall near the 300 levels. if markets can sustain our 330 level, we go back towards reaching new all-time highs. AND based on my wave analysis, we are either in wave 3 or 5, with pointers towards a wave 5. in this, case, we can see some major pullback or drops pretty soon. ANd based on last week, there have been good earnings , yet soon after, stocks have plummeted, MSFT , INTC , and with TSLA's brief skyrocket, it also came back down.
Comment:
i have a bounce at the .5 fib level.
Comment:
if it does drop