Not an outrageous forecast. There are headwinds to the economy which often means nothing to the market. However, when sentiment starts to change and, as you alluded, the major buyers absent, things can get rolling quickly.
I am comfy in my position so dont feel the need to lighten up but did resist the inclination to add more the last few months (in equities).
Honestly I would love to see 3200 on the S&P again.
Posted Using LeoFinance Beta
Yeah but the timing for this bad omen pisses me off.
I would much rather avoid another 3 months of BTC correction. If it turns out to be a huge wave 4 triangle in BTC (because S&P500 crash), the S2F model would likely be invalidated in the next months.