I think Jeremy is calling it a bit early. Plenty of time left for this one to play out.. Im mapping the play to be similar to 2000 and 2008, so an overall 18 month timeline. Bottom around mid 2023.
Bears and bulls were fighting it out this morning at 5am for the 11300 level, the bears won, now its back up around 11400...
I think we'll see 11000 soon again, October will be a crap month too. Once there, either a small bounce, or straight thru if the sh*t really hits the fan. Right now mainstream media really on the economic doom/gloom bandwagon, should be a goodun'.
9700 first major target, to get us back to where we were before Covid, and even then the economy was set for a fall, so the last 2 years have just been window dressing.
DJPIN, DJPIN..... how boring... NDX best index out! SNAS best ETF out! Lets rock!
