While some traders feel the SPX is just going to trade straight down I have some news for you. It's going to chop up the inexperienced trader into little pieces. I thought I would send out a quick chart and note of a warning to expect large swings in both directions from now and into October. Remember bear markets do not just go straight down. Please trade with...
Will we see a bounce here and a attempt to reach the 3900 area in SPX? Trendline sits at that area and it is very likely we see price test that area likely beginning tomorrow. Failure to penetrate and stay above that area warrants a drop below the June low.