Technically speaking SPX has been consistent and has given us a clear indication of where its going (Down). Fundamentally speaking we are in the toilet and it keeps getting worse.
Expecting to touch ~3000 around March 31st.
*This is not Financial Advice*
SPX is in a bearish Pennant. I'm expecting we break this by end of Thursday 9/17, if not tomorrow 9/15.
I'm hearing a lot of chatter that the correction is over..yada yada.
We are in a notoriously bad month for stocks, not to mention COVID 19 is ongoing, unemployment is still rampant, and most importantly we have a very important election coming up. Markets do...
