$30,000 Millionaire said:
Hard to say. There will be action overnight in futures. The market always over reacts. Not saying it's over, but it looks for catalysts to make its move.
I don't think we've seen lows of the year yet, though.
Agree I think we trade to/over 4100 next week. However I'd be careful for a dead cat bounce IMO to anyone thinking long. That 50 will be fun to watch. Lower trendline will be interesting if we head for lower low or maintain higher low.
I lotto'd long for next wed expiry at the close. But....kept my Sept 20 VIX calls intact as I don't think the volatility is over.
Cloned parallel and low added.
Does 59 win to 4600 from across the pond or do the shorts get the victory to charity?
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11