I think we are due for more lower testing. Reel back to about 6800-7000 when earnings come out over the next few weeks. ( I hope I am wrong)The market has the ****ty earnings factored in but it is such a knee jerk market right now I think it will over sell again. We will hang between 7500-8500 until Summer then start to get some legs and then the recovery will begin. Close the year at about 9500, hopefully.
I have been waiting for a pull back all week I have not been trading with whats going on with my Dad.I still think it will pull back but if it runs from here we could come out of a recession and go right back into one see what happens