SPX headed down towards 5111

5 thg 8

Hello Traders,
Well I expect more down in the markets this week... Premarket has already started and it down over 1% already. We had some bad numbers come in late last week after JPowell FOMC. I have labeled everything pretty clearly.. All news, earnings, and astro events. We have a double hammy starting off the markets this week. We have a bear new moon in addition we also have mercury retrograde starting. I have labeled the last mercury retrograde and you can see markets went d own in that period which happens more often than not. I also labeled the current Elliot Wave which matches up with the level as well. So I expect about another 5% down from here... And once it finds the local bottom I expect many great deals will be avail for the EOY mega rally into the election.... including rate cutes and more. As long as we don't break I expect another massive up wave cycle into next year...including Bitcoin.