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Non-Tech : Kirk's Market Thoughts
COHR 186.88-1.1%Dec 30 3:59 PM EST
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To: milano who wrote (13828)5/23/2022 9:38:44 AM
From: Kirk ©  Read Replies (2) of 26888
 
Thanks for today's day trading numbers.

Upside 3922 and 3944.

SPX longer term :

Two gaps near 3960 and 4000 to take care of then resistance at May peak near 4090 then Feb and March lows in that order.

A new low would be very bad news for bulls.

I don't see any obvious "lines" other than maybe extending that purple one that I used to have as green that saw a lot of action. It would not surprise me to see that extend to intercept with a test of the Feb/March lows for some real action to see if we'll convert to this confirmed bear (down 21%) market back to a bull.

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