Loading ...Speculation for a bottom. Thing is the market doesn’t rebound in one big candle and bear runs happen along the way one could jump in and out if they wanted but missing the train doesn’t happen in one day. It more oh man should of bought this months ago.
I’m speculating that this gap up in shorts stocks to create a illusion on Monday they’re gonna attempt to fill the gap and if it doesn’t fill maybe even if it does but for immediate especially if it doesn’t then SM longs are gonna keep heading down.
I remember hearing one institutional trader say the thinks S&P could drop to around 31000 before it’s over. Don’t know but guessing big money is shorting with big money.
Correction Spx 3100 aprox but his opinion.