I expect to see stocks make their next leg down and soon.
Month of April 2020 if not in the next 2 weeks.
Targets are the boxes. I think we'll hit the at least top two orange ones.
Target 1: 18169. A retest of lows.
Target 2: Fresh low. Dow 14,708
This is my target for a (dead cat?) bounce.
Based on the data, currently available, I would put some money on 14,700 being the bottom. Maybe 30% allocation here.
If 14,700 fails to hold, we are looking at 11,246 or even 6,319.
6319-7400 would be the buying opportunity of a life time.
Assuming anyone still has dry powder by then.
Month of April 2020 if not in the next 2 weeks.
Targets are the boxes. I think we'll hit the at least top two orange ones.
Target 1: 18169. A retest of lows.
Target 2: Fresh low. Dow 14,708
This is my target for a (dead cat?) bounce.
Based on the data, currently available, I would put some money on 14,700 being the bottom. Maybe 30% allocation here.
If 14,700 fails to hold, we are looking at 11,246 or even 6,319.
6319-7400 would be the buying opportunity of a life time.
Assuming anyone still has dry powder by then.
