The S&P 500 hit 4840 as I write this. A close below 4700 is very concerning to me. I am hoping the market closes above 4700 and finds the near term bottom I am looking for into Tuesday.
A close below 4700 and I am concerned of a 2008 or worse collapse. Bitcoin which has been solid is falling over the weekend.
Like I said in a previous post, it took 75 years to build the global trade system, and everyone should expect negative impact at minimum in the short term.
Good luck.
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