S&P 500 at its last stand
Here are the supports and resistances based off order blocks and volume on the way down.
It has to bounce now, and even if it does I’m thinking to 376 or 370, then right back down.
Earnings compression and Qt will keep going on, and the fed has to have fed funds rate ahead of inflation.
It’s looking more and more likely we’re going to have a serious recession rather than a light one.
Light recession 325
Anything else:
277
190
It has to bounce now, and even if it does I’m thinking to 376 or 370, then right back down.
Earnings compression and Qt will keep going on, and the fed has to have fed funds rate ahead of inflation.
It’s looking more and more likely we’re going to have a serious recession rather than a light one.
Light recession 325
Anything else:
277
190
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