Thursday, August 17, 2023

Morning Post 08/17/2023 SPX

Pretty sure I need to up the preparation talk up here and bag the market talk down there. Pretty clear where we’re headed at this point. 

Good v evil 

On to the lie -  

Minis up 10. Support is gone. Looking at 10-15% off the top initially. I still think there’s a broad consolidation area coming. Is “the” top set - like for this market as we know it? Very possible. ‘24 election will determine a lot of things. Scary times. 

More to come below. 

Have a good day. 

GL and GB! 

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