Use This Chart to Better Time Market Bottoms
The market's sold off recently. Here's how to tell when it will end.
In my last newsletter I noted how a sell off was eminent.
“…a sell off is now underway”. -August 21st newsletter
Since then, S&P 500 has dropped nearly 6%, with many big stocks cratering.
How did I see it coming?
Simple. Support & resistance.
(read last week’s newsletter if you haven’t yet!)
Stocks are Down. What Next?
Now that we’ve sold off, it begs to question - how low will stocks go?