SARS was a “thing” from November 2002 to July 2003. The drop was from 94.28 to 80.52 (14.5%). All-time high was $339.08 and if we
read3 days left to fix that ugliest-ever monthly candle. This bull market is 10 years old, btw.
readUnless we’re in for a surprise crash, a bounce of some sort is imminent. The weekly. A head & shoulders may be in the works.
readThe bigger picture says 2747 must hold
readYou saw it here first and before it happened. It’s obvious though. Not an especially genius call. Are you positioned to capitalize on the correction?
readThis chart is from a week ago. 10-year returns still aren’t impressing me at all. This is why it’s important to time the market. The
readOver the past few sessions, volume pattern has turned very bearish. There are now 2 gaps on SPY – one gap down which will probably
readUp until last week, volume pattern was positive. Then it all sorta went to hell, with no one interested at all. We could say it’s
readLong shadows on the candles. MA’s converging. Low volume. This is what indecision looks like. Dog days of summer are upon us. Latest quote: [[SPY]]]
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