Market is in trouble here
Keeping it simple, seeing a lot of bearish posts already covering the near term risk, but some aren’t accounting for extent of possible downside.
Obvi risk/reward play here with reward only to 426-430, risk to 370s.
Timing wise, it’s time.
Initial target if we breakdown 401 is mid 380s by end of June
After that expect bounce to test 397-401 and if it gets rejected we are headed to 370s.
Look out below
Obvi risk/reward play here with reward only to 426-430, risk to 370s.
Timing wise, it’s time.
Initial target if we breakdown 401 is mid 380s by end of June
After that expect bounce to test 397-401 and if it gets rejected we are headed to 370s.
Look out below
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