norok

Market at Critical Retracement Level

CME_MINI:ES1!   S&P 500 E-mini Futures
The stock market has Retraced from the dip to the key level of 4500 I have been watching since the bottom last week. This makes today and possibly more days this week critical for where the market goes the rest of 2023.

I am not in the habit of telling people how to manage their trades or investments but what I will say is that people need to wake up and pay attention. Audit your positions. If a positioned bothered you last week now is the time to address it. If you do think that there is some unacknowledged economic force at play and the market is going through "a big one" now is the time to express that thesis.

"Be to others the person you needed to meet 10 years ago"

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