Where we go from here is very much up in the air. For any that want to play either bump in the charts, just know that its a very important time and place for both bullish/bearish continuations/traps/reversals/etc
Do you believe in the Fed? Do you believe the Fed? Do you believe seasonality? Do you believe we are going to have a break from seasonality?
We are going to have a recession in the next 2 years. Soft and short? Or long and heavy? What does that mean for stock prices now? Some of which have been severely beaten down in the last couple of weeks? When looking at any individual stock, it looks undervalued compared to the overall market -- thus high percentages of BUY ratings. But that only becomes truer as the entire ship sinks lower.
I usually try not to tell you what to do -- too crowded there. I'll point out what price points/trends/patterns the pros are looking at and let you interpret what that means for your portfolio.
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