SPY is at 660 today, in the same danger zone as I posted back on Sept 23rd, Oct 10th, Oct 14th, and yesterday waiting for the hail Mary. The market is fighting to not fall, and I fully expect a break lower with a power save. One potential is a fail into Friday or next week (holiday week) and a save over a weekend.
By allowing the market to end lower before a weekend, the market can "gap up" on a Monday maximizing the market makers positioning for the upside.
So if this Friday its a blood bath, expect Monday before the open or after the open (circa the Trump bump in April) to start a rocket higher. I do fully expect this rocket to last 1 to 5 days, then we can find a meaningful bottom.
Good luck!
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