ES Futures - $1800 Major Downside Draw

2500 objective was sent back at 3100 a few weeks ago when retail was still looking to BTD

30 attempts later... most have lost everything including their wives

If youve got a negative beta book, holllld

2500 has since been met but theres further to go

Despite -30% from the highs we have not seen capitulation yet

Sell the rip until 1800 has been cleared

Funds are on their knees begging for 2200 to hold

It wont. Many funds will not survive this historic year

Blame it on a black swan event, perhaps. But we all know greed and complacency is what fueled their downfall.

Yes stocks are at major discounts... But only a fool would try to catch this knife. There will be an opportunity for Generational wealth to be made on the backside of this. In the eye of the storm. But for now it has just begun.

Beware of the men with small testicles telling you to "leg in" because he has no conviction for either direction. When it comes to money, take no advice from such a man.

Dow at $15k
SP at 1800

Until then be safe everyone.