S&P 500 Has Potential For Massive Buying Opportunity

In this video, I cover the SP 500 stocks over their 50-day moving average. We are never had previous highs and have potentially formed a double-top higher high after some climatic activity. If this is a rollover a measured move of the first leg brings us into 3% territory.

With rate hikes upon us, it could change the characteristic of this potential downward trajectory but, I think we see a larger dip regardless.