My last SPX prediction has been spot on so far. Here is a slightly more refined view.
Let's come back in 2-3 weeks to review it.
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Forgot to mention the likely reversal range is 2410-2420.
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Look like the reversal range 2410-2420 is becoming more and more likely
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The fall can start anytime now...
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The market is trying its best to confuse me... lol
Back to the idea of the likely reversal range is 2410-2420
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Could this Trump case be the trigger?
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Oil and OPEC will delay further crash, if any
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I believe there still will be a crash, after a short bull run triggered by the energy sector.
I think the bears could come back around 6/8 and be complete by early July.
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5898928
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This was buy the dip event? Not a waterfall?
coolingla
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@5898928, I believe there still will be a crash, after a short bull run triggered by the energy sector.
I think the bears could come back around 6/8 and the correction could be complete by early July.
jojofang0901
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Lovely trade setup, thank you very much for sharing your idea. I have similar view on this as well.
coolingla
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@jojofang0901, Very nice and very possible, it might not drop seriously before OPEC.
josephtse
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MAN YOU ARE A GENIUS!!! TEACH ME!!! I AM LOOKING AT A CRYSTAL BALL!!!! So 2280 by June 15 eh? So I'm guessing Nasdaq stocks will sell off hard and rotate into energy? :P
coolingla
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@josephtse, thanks but I am a genius. A lot of people have similar ideas. Yes, I think value stocks will have better chances after the drop.