3 Comments
Jan 4Liked by Mosaic Asset Company

Where do you think the immediate weakness bottoms? I think if we break 4694, we should heading down lower may be 100-200 points before, the bull run resumes, thoughts?

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If you look at the chart since the peak in 2021, you can see the 4600 level was tested a couple times before moving above that level last month.

Ideally that would hold as support if the pullback continues, with the 50-day MA also moving toward that level.

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Jan 4Liked by Mosaic Asset Company

Thanks for this.

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