cryptodads

I'm back from living off the grid in a camper for the kids spring break!

S&P 500

Relief rally across market over the past few days.  I don't trust it at this point.  The rally is hitting resistance now (currently at daily track line, .382 Fib retracement and January low), so rejection is probable.  A good reason to be looking to have some cash ready.  Beyond this level, the $586 area (SPY) will be another big challenge.

So far, this correction from top to bottom has been about 10.5%, but it seems that the trend has changed downward for at least the medium-term.