SPDR S&P 500 (SPY): I should have added (but was in a hurry...

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Re: NetNeutral post# 326806

Thursday, 09/17/2020 1:48:30 AM

Thursday, September 17, 2020 1:48:30 AM

I should have added (but was in a hurry to leave for an appointment) that I believe that the general direction for the market tomorrow and this week is down, and that if we do see 342, it would be a gap up (then down).

I am having a hard time envisioning the opposite, but it could happen, I suppose.

320 by end of Opex in the cards and I have been saying a hard down beginning in September, until November or December since August, or even before. I even stated that the bulk of the move is likely to come the week before Opex.

So, we will see.

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