As we lose 1700 on the S&P 500, the real question becomes, will they buy the dip this go ’round?
Here’s a look at the $SPX 9mo chart, which shows potential support here:
I’m not buying as of yet, and will continue to play things tight. My cash position is large and I have a feeling it will start to come in handy soon. What say you? You guys buying this dip?
Note: I do like what $APOL is doing. Watch for a squeeze here.
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169 is next, then most likely 167.50. Wait it out…