I am shocked how incredibly bullish the mainstream media and the talking heads are regarding the current situation within the market. After the Q4 that was sustained, yes we have rallied off the lows of Christmas Eve, it is hard to believe that we are going to rip straight back to 2900 where we were before (it is possible, not likely). I believe you are witnessing one of the biggest traps in the last decade brewing.
As you see above, even with the V Shape rally, SPX has been unable to even make it to the 200 day MA. This shows
What is Bullish about Everyone WARNING about Guidance?
January 28, 2019
Published by heyimsnuffles



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