Now or Never -Bounce or Break
This article is so good
it's for premium members only.
Does that sound like you?
PREMIUM
ONLY $30/MONTH
BILLED ANNUALLY OR $35 MONTHLY
All BASIC features, plus:
- Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
- Access to our Private X Account, The Market Ear analysis, and Newsquawk
- Ad-Free Experience: Enjoy an uninterrupted browsing experience.
PROFESSIONAL
ONLY $125/MONTH
BILLED ANNUALLY OR $150 MONTHLY
All PREMIUM features, plus:
- Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)
Now or never
SPX down to the lower part of the range, approaching the 200 day moving average quickly. RSI at the most oversold levels since early August. We are close to "bounce now or never" levels. Why not even an undershoot to the downside, in order for the market to do what it does best, frustrate the crowd. Don't forget, this market lacks a medium term trend, and it was only last Friday (here) we suggested the market was rolling over.