SPX Roadmap Oct 2022
Updated
A very decisive month ahead as could be an inflection month for a year end rally
Note
3350/3400 level is the non recessionary trend support. The multiyear trend support has only been broken in recessionsNote
3350 would represent 30 pct decline from peak similar to 2001 while 3233 will represent 38 pct retrace 2009/2021 and also prelection 2020 low. US mid term elections on Nov 8, so I would fully expect these levels to be tested in later Oct
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