spx $5000
my buddy bowtrix got me thinking;
-inside buys are are the highest levels they've ever been at since the covid lows.
-our proprietary indicator is calling out a weekly buy on the spx for the first time in history.
-we haven't been this oversold since 2011.
-everyone is bearish, every single person.
---
i think the bottom is very close to being in, if it hasn't been put in yet.
we could get as low as 3700 theoretically, which is the midline of this 12 year bull channel.
targeting 5700~6000 for the next bull run, and i have begun positioning myself for it.
✌
-inside buys are are the highest levels they've ever been at since the covid lows.
-our proprietary indicator is calling out a weekly buy on the spx for the first time in history.
-we haven't been this oversold since 2011.
-everyone is bearish, every single person.
---
i think the bottom is very close to being in, if it hasn't been put in yet.
we could get as low as 3700 theoretically, which is the midline of this 12 year bull channel.
targeting 5700~6000 for the next bull run, and i have begun positioning myself for it.
✌
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