So many of you have been waiting for the market update on the SPX which is the symbol for the Standard and Poors 500 index The SPX confirmed a breakdown after it broke support again with its closing price on Friday, increasing downside risk in the coming weeks to its next major support near 3505.. A bounce is likely today/tomorrow as an opportunity to further reduce exposure. Listen if you are reading this and don’t understand this post you are not to do anything till you understand what I am talking about! You do that by listening to the past few episodes of the podcast that deal with support and resistance and technical indicators This post does not mean if you have time on your side 5 years ten years preferably longer and you are dollar cost averaging or you are invested accordingly to your goal and suitability that you should sell anything unless your personal tax person or your professional advisors guides you

Posted by Suze at 2022-12-19 14:41:20 UTC