Honestly, $SPX has hit a new 30-day low, with the price at 0.3315. The previous low was 0.3331.
Every time it hits a new low, people in the comments start calling the bottom. But in a weak market, new lows are often followed by even lower lows. I’ll wait for the price to get back above the previous low before considering anything—I’m not going to try to guess the bottom.
Like this if you feel the same.
Just sharing a quick note. Please make your own trading decisions.
Every time it hits a new low, people in the comments start calling the bottom. But in a weak market, new lows are often followed by even lower lows. I’ll wait for the price to get back above the previous low before considering anything—I’m not going to try to guess the bottom.
Like this if you feel the same.
Just sharing a quick note. Please make your own trading decisions.
