I think there are now two more notable rallies to come before we head into the more obvious bear market.
We might still have another downswing before it, but I think we'll hit 3950 or so for the first positioning level.
Then after this sell off, us breaking under 3740. A retest of 3760 being the second big positioning area.
After the second retest is when I think the memorable section of the bear will come.
ETA 2-3 weeks
We might still have another downswing before it, but I think we'll hit 3950 or so for the first positioning level.
Then after this sell off, us breaking under 3740. A retest of 3760 being the second big positioning area.
After the second retest is when I think the memorable section of the bear will come.
ETA 2-3 weeks