What do i see and what do i expect? The SPX is at 4000. I see a crash to 3000. Timeframe from start to finish 4 trading days.
I am expecting the slide to START late in the week and NOT NOW! if it is now we should see a nasty drop tomorrow and a final move on Thursday. BUT I highly doubt that happens. I actually see the start of the slide maybe this Thursday and finish Tuesday the 13th.
The setup could not be any more perfect for such a scenario. it is text book deflection. A true shock to the market as everyone is positioning for a rally this holiday. ALL, not just the bulls and neutral parties.
I worry that it can be spoiled early. Did NOT expect a slide this big today. All depends on how the market opens tomorrow. Timing is everything!
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