Quick thoughts - 28 Sep
SPY is sitting dangerously near June’s low. These two days could be crucial as we retest this level. If this breaks, hell could break lose, and the next meaningful support is at 340s range.
Tesla and Apple are holding up SPY. And if big players start stepping in to sell them, SPY and QQQ will likely see a waterfall down.
I think we have about 4 or 5 Fed officials speaking later today (28 Sep) - not sure if anyone can confirm on this? Could be another volatile day.
2022 could be a year where people talk about it like 2008 GFC and 2020 Covid crash in future.
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72735258 : All we have to fear is fear itself
PanchoMerle 72735258 : And spiders…
resourceful Quote_1 72735258 : be greedy when other fearful..
Cow Moo-ney OP resourceful Quote_1 : Couldn’t agree more