Whether ST or IT, we are nearing a low with a possible spike down to SPX 2780/90
WHEN? It's all up in the air as reaction to today's plunge comes in and traders assess.
I do not expect new SPX high until September or October, if at all possible this year, but the
markets will make a low and rally in September with the prospect of a 50bps cut as well as increased QE.
FED could come in earlier - they have that power
Like him or not, POTUS has made volatility great again.
Edited by dTraderB, 05 August 2019 - 03:57 PM.