Had a few feelings over the last few days which I’ve kept to myself for the most part and has planned out. So naturally I’ll post my predictions so you can all mock me when it blows up spectacularly.
Short of it is the market will shoot up at the opening bell and the S&P will be up 100-125 points. Then around 2-3Pm everyone will hit the exit door but the market will still be up for the day caping a huge week and a 50% retracement.
Next week will be the start of “the new normal” for the medium term (again baring some massive excelleration or a miracle cure. Next week will start the slow March back towards S&P 2100. I think the volatility will start to come out “a little bit”.... we will have down 20-50 point days with an occasional up 90-120 days mixed in.
I think the good news is the easy money may not be over yet so long as you pay attention.
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