The Market Will Soon Hit An Air Pocket And Drop 20% In A Matter Of Months
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Yesterday, in a presentation to investors, Dubravko Lokas-Bujas, JP
Morgan’s Chief Global Equity Strategist, called for an “out of the blue”
stock market c...
2022-06-11
It's a Bear market
In 2000, SPY bottomed out around $60 or the last support area by volume profile.
In 2008, the volume profile wasn't terribly useful for a low. The market went lower than the entire preceeding bull market.
The volume profile tells me a 50-percent decline or more is likely from here.
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