Hi everyone. Crazy times, huh?

    So this week will be the unlike the last 4 weeks because the market is now finally pricing in worst case scenarios, especially now that late week tweet manipulations to keep oil down and the market up did not occur either like most previous ones to cause a nonsensical bounce before the next leg down.

    So my question to all you pros is, what do you think the market will respond like on Monday? Or Sunday night?

    Here is my opinion. While expecting further drawbacks/"corrections", I do believe there will be some bounces at times, even if only deadcat bounces, and the reason why is because there still has to be a hedge occurring in the event a peace deal is negotiated inside of the current 10-day ceasefire that was instated (yes, despite some trading blows still between Israel and Iran/Houthis).

    I don't expect a liberation day fall necessarily on Monday because there is always a chance of a deal until the end of the 10-day ceasefire. However, there will be more dipping, but just one headline or tweet of a potential deal would be enough for traders and HFs to see the current dip and further dips as a must try buy just in case.

    What are your predictions for Monday/Sunday Night?
    byu/Top_Cranberry_3254 inStockMarket



    Posted by Top_Cranberry_3254

    7 Comments

    1. Sharp gap down pre-open. I expect that by the end of the day the S&P and Nasdaq are flirting with their 365 day moving averages. In the last week alone both have broken through, and held, below most of their support ranges.

      I’d say that if somehow there is a rally up on Monday with no news catalyst, then Tuesday will be an absolute blood bath.

    2. Successful-End7689 on

      My guts tells me we are gonna be up monday but if not, then most likely down

    3. I’m not convinced the market has fully priced in worst case scenarios. The market had been on a great run, and even with the recent correction it still feels like there are a lot of overvalued companies.

      Hard to say what Monday brings since it could spin on the news, but overall I’m thinking a continued downward trend.

    4. PM_ME_UR_SNARES on

      Up up down down left right left right B A Start collecting bottle caps my friend

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