S&P 500 Index
Short

Will SPX500 Fall 6% or 350 Points?

103
Hello traders,

The #USIRYY has dropped to 3% from 3.3 which is really nice, this will make a case for the FEDS to lower rates possibly twice this year.

However the Stock Market is over bought and the Prices are balloned, usually when this happesn we need a correction.


Large investors will find this to be an opportinity to get rid of the stocks at high prices, and re-buy them with dicounted prices later on.

The #ViX index which is the Volatility on SPX500 is bouncing back up from 12.0 level, and it could go all the way up to 20.

So, the SPX500 could fall 6% or 350 points.

Best luck

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