Friday, May 27, 2022 12:11:47 AM
Broken 700 support, retest is now resistance! Pro shorting!
Fed .5% rate hike in about 2 weeks. See where oil and gas are! If you see an additional spike in Energy, that would be the final nail in global economy coffin! You have no business buying(adding new money) for investment purposes at this time. Should be lightening up on wash sale shares at resistance.
If black swan event happens any time in the next week or two. Flash!
Just going to drain liquidity out of the market until Fed starts printing money again. Your near term range should be $500-$700 ~$665 friday target.
$SPX max pain for tomorrow ~$394.
USD and Dr. Copper are in correction.
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