Market turned bearish 3/30/22
My goal of this week was to have SPY hit 460 and SPX 4626. Both goals have hit and was well on its way to 470/4700 when the market closed bullish a couple of days ago. The price needed to reach 465/4640 to confirm the continuation of this price movement.
However,
Bonds have become bullish and we aren’t going to reach our target of 4700 anytime soon. The beginning of further downside officially begins today.
However,
Bonds have become bullish and we aren’t going to reach our target of 4700 anytime soon. The beginning of further downside officially begins today.
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